Atal Pension may yield Rs 10,000 a month
The scheme provides minimum guaranteed monthly pension of ₹1,000 to ₹5,000 from the age of 60.
Atal pension Yojana may yield Rs 10,000 a month
Presently, the scheme benefiting unorganised sector workers allows enrolments for those aged ...
PFRDA wants government to double tax benefit under NPS to Rs 1 lakh
The Pension Fund Regulatory and Development Authority of India (PFRDA) ha...
Error of commission hurts more in market than error of omission: Navneet Munot
We have invested heavily in ETFs much ahead of time. We are investing heavily in ESG. If corporate profits have to grow 15%, you have to do the right things that the society allows you. The business community, media and all stakeholders have to work together to increase the beta of the market. Of course, alpha is the second thing.
Canada Pension Plan Investment commits $225 million to IndiaRF
IndiaRF had earlier raised $100 million from the International Finance Corporation.
PEs, VCs want pension fund money in startup funds
India’s EPFO, which has a corpus in excess of Rs 10 lakh crore, is allowed to invest in government debt, corporate debt and public sector undertakings, but is barred from making equity investments. Similarly, the National Pension Scheme can only invest in listed equities.
Danish PFs with $680 billion in assets to get 30-year govt bond
Denmark’s central bank first cut its benchmark rate below zero in mid-2012.
Army ex-chief against tax on disability pension
Former army chief General VP Malik said he disagrees with the government’s move to impose income tax on disability pension.
TDS to be deducted on annuity payable to Overseas Citizens of India, NRI NPS subscribers
Based on a clarification received from IRDAI, it is hereby clarified that annuity payable by ASPs NRIs and OCIs will be taxed at source, at rates applicable as per the DTAA of the country where the annuitant resided.
How is a Retail Investor defined in India?
Sebi, the market regulator, constantly forms and amend laws to protect retail investors.
Aadhaar becomes mandatory for PMVVY scheme
Finance Ministry's notification suggests that if Aadhaar authentication fails due to poor biometrics or other reasons, then other methods for authentication must be adopted. Here's what senior citizens will have to submit to avail continued benefits.
Falling interest rates hit pensioners
The economy is passing through a low interest rate regime with the RBI cutting rates for five consecutive times to boost growth. Inflation has also remained benign and low for a sustained period, hurting the real monthly returns of pensioners.
12.44 lakh new jobs created in October: ESIC payroll data
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report. It also showed that during the September 2017-October 2019 period, around 3.22 crore new subscribers joined the ESIC scheme. The report showed that gross new enrolments with ESIC during the September 2017-March 2018 period were 83.35 lakh.
View: Fixing Indian finance after the crisis
Lot of progress, from the emergence of a attuned software services industry and capital markets, is at risk.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service