UPS to Central employees: Wielding wrong end of the stick!
When 501 million workers (88.7%) don’t get regular wages or social security, spending more on privileged 2.3 million central government workers is waste of resources
When 501 million workers (88.7%) don’t get regular wages or social security, spending more on privileged 2.3 million central government workers is waste of resources
Combining the stability of OPS with the flexibility of NPS, the UPS enhances pension security with features, like inflation indexation and family pensions.
Ontario Teachers’ Pension Plan is aiming for a larger share of India’s booming real assets market.
99% Union Ministers and 93% MPs are “crorepatis”; do they deserve ‘revdi’?
According to the government, the timeline is being extended to facilitate and provide ample opportunity to the pensioners/members so as to ease out any difficulty being faced by them.
The development comes at a time when Congress-ruled states like Himachal Pradesh, Chhattisgarh and Rajasthan have opted to roll out the old pension scheme.
The new concessional tax regime will become attractive for the tax payers if income up to ₹5 lakh annually is exempt from taxation, says EY India.
NPS provides flexibility of investing in a mix of asset classes, including equities, government securities, corporate bonds, and alternative assets. Here's how category winners played the game.
While DA is given to government employees, DR is given to government pensioners. Dearness relief is calculated twice a year in March and September.
The total pension assets under management grew by 27.43% year-on-year to ₹7.36 lakh crore by the end-March 2022, as per the finance ministry data.