Second part of Parliament's Budget session from today
Some of the bills listed by the government include the Pension Fund Regulatory and Development Authority (Amendment) Bill, National Bank for Financing Infrastructure and Development Bill, Electricity (Amendment) Bill, Crypto currency and Regulation of Official Digital Currency Bill.
Tripura government announces 3% hike in DA for employees from March
The government will spend an additional amount of Rs 320 crore in the nex...
Haryana to bring cancer, HIV patients under ambit of social security pension scheme
The Haryana government will bring patients of the state s...
Family pensions upper ceiling raised from Rs 45,000 to Rs 1,25,000 per month: Jitendra Singh
The minister said that DoPPW has issued a clarification on the amount admissible in case a child is eligible to draw two family pensions after death of his or her parents. "The amount of both the family pensions will now be restricted to Rs 1,25,000 per month, which is over two and half times higher than the earlier limit," said Singh.
Congress' Hooda charges Centre of reducing budget for critical sectors, pension of jawans
Charging the government of betrayal to farmers, he said, "We had hoped that this budget would answer the problems of farmers. It instead reduced the agricultural budget by 8.5 per cent. You look at the farm bills from the perspective of the rich corporates. Why is the government reluctant to legalise the MSP (minimum support price)?"
PM Modi should ask MPs, MLAs to give up pension, use funds to support youth: Rakesh Tikait
"The way the prime minister had urged people to give up their subsidy on LPG cylinders, he should now appeal to parliament members, state legislative assembly members and ask them to give up their pension," Tikait told reporters.
Rahul Gandhi slams Centre for 'reducing pension of soldiers'
"Reduction in pension of soldiers in the Budget. Neither young nor farmer, for Modi government3-4 industrialist friends only God!," he tweeted on Monday.
No proposal to launch new pension policy for central civil pensioners: Jitendra Singh
Department of Pension & Pensioners' Welfare (DoPPW) has integrated the electronic Pension Payment Order (e-PPO) with Digi Locker, in order to enhance ease of living of central government civil pensioners, he said.
PFRDA gets nod for undertaking e-KYC for National Pension Scheme subscribers
The online e-KYC (Know Your Customer) will further simplify the process of account opening as it offers the subscribers a NPS digital journey, PFRDA said in a release.
Exemption to annuity income could be gamechanger for pensioners
Experts say if the anomaly in the tax treatment of annuity is fixed, it could encourage more people to opt for pension.
Inflation index linked pension schemes in the pipeline: IRDAI
"When overall interest rate falls general cost of living also comes down and when the interest rate goes up the cost of living also goes up. IRDAI is planning to introduce a floating rate annuity option which could be linked to benchmark such as G-Sec or an inflation index," the IRDAI chairman said.
Indian startups may get pension, insurance funds
The government has started deliberations on easing regulations to allow pension and insurance funds to flow to startups, giving them access to stable, long-term domestic capital.
Kerala Budget: Welfare pension hiked, relief measures for farmers in Left govt's final budget
Beginning his speech by listing out various initiatives implemented by the state government to fight the COVID-19 pandemic, the Finance Minister T M Thomas Isaac said the budget would be a vision document of the development and priorities in the post-COVID Kerala.
A month after wage hike, Indian seafarers get pension
The latest development came five weeks after the NUSI and another union FSUI clinched an agreement with the Indian National Shipowners Association (INSA) for a hefty 40 per cent wage hike with retrospective effect from January 2020, last month.
EPS pension: Here's how to calculate it
A member of the Employees Provident Fund Organisation is eligible to receive a pension provided he/she has completed a minimum of 10 years of service. Here is how you can calculate the EPS pension you are eligible to receive.