Cabinet approves assured pension for govt employees

Union Cabinet on Saturday approved an assured 50 per cent of salary as pension for 23 lakh government employees who joined service under the National Pension System (NPS). IMAGE: Information and......

BJP's 'nefarious designs' to topple govt shows...: Himachal CM

Lambasting the Bharatiya Janata Party's "nefarious designs" to topple the democratically elected government, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said the saffron party will......

Maharashtra cabinet nod for OPS to state employees

The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.......

Rajasthan CM Confronts Dire Financial Crunch

Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores.Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent......

National pension system added 21.5% fewer corporate subscribers in 2023

The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Illustration: Uttam Ghosh/Rediff.com Government......

In debate over NPS and EPFO returns, one retirement fund edges ahead

If you work for 30 years, a two per cent difference in pension returns can reduce your final retirement nest egg by 40 per cent. Illustration: Uttam Ghosh/Rediff.com The Rs 9-trillion National......

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act.......

Entry-level jobs no more easy to come by in formal sector

The creation of formal jobs for those in the 18-21 age group in India has declined steadily, sharply eroding this cohort’s share of the net new Employees’ Provident Fund (EPF) accounts......