Action has been taken according to a memorandum that requires 'periodic review of performance of government servants'.
'Where in the world you get 12.5 per cent return of interest?'
India Inc on said the Seventh Pay Commission set up today for central government employees is likely to lead to additional burden on the exchequer and increase inflation by pushing demand.
The bench also said that a seven-judge bench needed to be constituted for authoritatively deciding a batch of petitions challenging the Aadhaar scheme on grounds including that it infringes on the Right to Privacy of citizens.
The former India captain claimed that ill-treatment is being meted out by the BCCI to players who have joined the rebel ICL.
The EPFO launched one-page simplified forms for withdrawal.
The report stated the 2013 land Act was a step forward.
Rajiv Chandrashekhar, Rajya Sabha MP, explains that the argument that other government servants are eligible for OROP is incorrect and the comparison is laughable.
Forget about interim Budgets, one cannot easily recall even a full Budget of any government in recent times having rolled out benefits of this order to such a large number of people, says A K Bhattacharya.
6 per cent increase in DA for Central govt employees
The govt has incentivised the worst of investment products.
While demanding an increase in income tax exemption limit, the trade unions suggested that the rates of personal and corporate income tax for those in high income brackets should also be enhanced.
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
The overall message to the middle class is: the days of freebies are over.
The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.
Kick start your saving and money management strategy at the age of 25, and build it up gradually.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
FM proposed rationalisation of various tax exemptions.
Don't let income tax come in the way of your long-term financial planning, says Ashish Vohra, Senior Director and Chief Distribution Officer, Max Life Insurance
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
Jaitley's fifth Budget has provided little relief to the middle class.
MFs continue to find it difficult to attract and retain long-term money from investors
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
Addressing a 'fateh' (victory) rally with leaders from the ally Shiromani Akali Dal on the dais, the Gujarat chief minister, who donned a saffron turban, also dismissed as "rumours and a pack of lies" the controversy about migration of Sikh farmers from Kutch region in his state, promising that no Sikh farmer will have to leave Gujarat.
Over the long-term, sound fundamental based investments bear reasonable returns.
A part of the Hajipur Lok Sabha seat, Raghopur assembly segment in Vaishali district will vote in the second phase on November 3. The 31-year-old, the younger son of Lalu Prasad, had taken the electoral plunge from Raghopur in 2015, when he had barely reached the qualifying age of 25 for fighting polls.
The Supreme Court on Thursday assured the Centre and bodies like SEBI and RBI that it will take a decision by Friday evening on their plea seeking setting up a larger bench for modifying an earlier order restricting the voluntary use of Aadhaar card to PDS and LPG schemes only.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
In January, the Employees' Provident Fund Organisation had asked the field staff to ensure the collection of data in respect of member joining on or after March 1, on a monthly basis and in respect of existing members by June 30, 2013.
Modi said that unlike previous governments who had duped the ex-servicemen, his government had fulfilled its promise of One-Rank, One-Pension.
Tamil Nadu Chief Minister J Jayalalithaa on Monday said a notification banning strikes by government staff, issued in July 2003, would not be renewed after its expiry on July 23.
Resident doctors of three North Delhi Municipal Corporation (NDMC)-run hospitals are currently holding an agitating seeking release of their salaries due for the last three months.
Else, repent when you reach your golden years
We are likely to see Section 88 benefits on PPF, NSC, infrastructure bonds and insurance decline from current levels. This will hit the salaried class where it hurts.
If BCCI helps them then the blind, deaf and wheelchair cricketers will all get benefited.
If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.
The secretariat staff had launched an indefinite strike demanding, among other things, restoration of curtailed benefits, including a rollback in the cut in pension.
