NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
The bench is hearing a batch of pleas seeking a collegium-like system for the appointment of ECs and the Chief Election Commissioner.
A 14-year-old Dalit boy was allegedly tied up and beaten by a man on the outskirts of Hyderabad for plucking a pomegranate from his house, police said on Wednesday.
Employees of the State Trading Corporation will be given the right to seek voluntary retirement conditional on the privatisation of the company under a 'one of a kind' proposal accepted by divestment ministry.\n\n\n\n
The 1988 batch officer from Mau district in Uttar Pradesh is considered close to Prime Minister Narendra Modi and had worked with him in Gujarat.
He will replace Amitabh Kant, who will demit office on June 30. Iyer has been appointed for two years or until further orders, whichever is earlier, the personnel ministry order stated.
Indian Oil Corporation will shed about 1000 surplus employees by giving them voluntary retirement, the Rajya Sabha was informed on Tuesday.
The RIL-owned Indian Petrochemicals Corporation Ltd has shed its workforce by about 12 per cent as it gave voluntary retirement to 1,550 employees, which would cost the company Rs 120 crore (Rs 1.20 billion) during the current fiscal.
Maruti Udyog Ltd, India's biggest carmaker, on Monday said its 1,251 employees have recently opted for voluntary retirement scheme.\n\n\n\n
'Second Innings Tap VRS-2020' will be opened to all permanent officers and staff who have put in 25 years of service or completed 55 years of age on the cut-off date.
BSNL Chairman and Managing Director P K Purwar told PTI that the scheme will be open between November 4 and December 3, and that instructions have already been given to field units to inform employees about the VRS offering.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
To tell us about your father, just mail us at getahead@rediff.co.in (subject: My father) along with your name, the place where you live, your father's name and picture and your message about him.
The year was 2014. A small boy in his teens stood in front of Noida's most famous cricket coach Phool Chand's office room, and there was no parent accompanying him.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
This strategy was discussed when Union Home Minister Amit Shah recently visited Mysuru to discuss the BJP's Lok Sabha plan, reports Aditi Phadnis.
Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.
In his concluding remarks at the 'Chintan Shivir' in Udaipur, Gandhi had said that it is only the Congress that can fight the BJP at the national level and regional outfits cannot fight this battle of ideology.
Tata Group-owned Air India on Wednesday announced the launch of new flights connecting Mumbai with New York, Paris and Frankfurt, starting February next year. Besides, the full-service carrier also announced the resumption of non-stop flights connecting Delhi with Copenhagen, Milan and Vienna. The Mumbai-New York (JFK International Airport) daily service will commence from February 14 next year, Air India said.
The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003.
Almost a fortnight after former bureaucrat K P Ramaiah took voluntary retirement from the Indian Administrative Service, he is ready to take on Lok Sabha Speaker Meira Kumar, a former Indian Foreign Service officer, in the Lok Sabha polls from the Sasaram seat in Bihar.
It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.
It could be part of a deliberate strategy to heal divisions within and restore the Pakistan army's image, explains Rana Banerji, who headed the Pakistan desk at RA&W.
Alkyl Amines Chemicals Ltd announced voluntary retirement scheme to employees at Patalganga plant and Vashi and Worli offices.
A five-judge constitution bench headed by Justice KM Joseph is likely to give its verdict.
City-based irrigation department whistle blower Vijay Pandhare, who blew the lid off alleged irregularities in various projects across Maharashtra, has sought voluntary retirement from service.
Company is among the few companies in the sector getting pulled up by FDA for violations at its factories in India.
Pandey, a daring IPS officer known for his rustic mannerisms, had sought voluntary retirement in 2009 amid speculation that he wanted to contest the Lok Sabha election from Buxar.
The 2000-batch IAS officer, who sparked several controversies and was accused of violating the service rule, had taken voluntary retirement from government service on October 23 this year.
The top court reserved its verdict on a batch of pleas seeking a collegium-like system for the appointment of ECs and the Chief Election Commissioner and asked the parties to file written submission in five days.
The order has, however, not gone down well with the employees, with the president of the UP Secretariat Employees' Association, Yadavendra Mishra, saying that such attempts were aimed at harassing government servants.
This means only about 8000 employees will be left with the carrier over the next five years.
He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
A committee headed by Sam Pitroda, advisor to the Prime Minister, has suggested that state-run telecom major Bharat Sanchar Nigam Ltd should retire or transfer about 100,000 of its employees through measures such as a voluntary retirement scheme. This is a third of BSNL's total employee strength, of 300,000 across the country.To improve organisational performance and employee productivity substantially, BSNL should induct young talent in all spaces.
T S Vijayan makes a strong comeback man.
The first step is to estimate the retirement corpus you would need and to compute the approximate amount you can set aside every month, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
TTK Prestige Ltd filed a petition at Karnataka High Court for utilising up to Rs 196.30 million from the securities premium account to write off expenses on account of voluntary retirement scheme and product development.
A company spokesperson said VRS is and will be offered to 'white-collar workers only'. Tata Motors employs around 30,000 people.
Gratuity is one of the least understood components of salary. InvestmentYogi explains everything about Gratuity and the tax implications for you.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances