Tag: Pension
Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workers
New Delhi: The Centre may soon raise the wage ceiling and lower the headcount threshold under the Employees’ Provident Fund Organisation (EPFO) as it aims…
Pensioners alert! New scam involves messages asking to fill forms, know the details and protect yourself
Oct 06, 2024 03:59 PM IST The fraudsters use WhatsApp to send fake forms to the pensioners and then claim that unless those forms are…
Your pension may stop if you don’t submit this document on time: How to submit Annual Life Certificate, last date
Oct 06, 2024 10:52 AM IST Senior central government pensioners aged 80 and above can now submit their Annual Life Certificate from October 1 instead…
NPS Vatsalya: How your child can get more than ₹10 crore for retirement if you contribute…
Parents can now use the NPS Vatsalya scheme, a pension scheme designed for minors, announced in the Union Budget 2024 by Finance Minister Nirmala Sitharama,…
Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025
Labour and employment minister Mansukh Mandaviya on Wednesday approved the centralized pension payment system (CPPS) under the Employees’ Pension Scheme, 1995, allowing 7.8 million EPS…
New single unified pension form launched, nine forms merged into one for ease of senior citizens and pensioners
The government has launched a single unified pension form, merging merging nine separate forms into one “Form 6-A’ to streamline the process for pensioners, reducing…
Over 23 lakh govt employees under NPS get option to choose unified pension scheme
New Delhi: The just-announced Unified Pension Scheme for central government employees will be available only for those who are currently subscribers of the New Pension…
Pension cannot be linked to inflation: MoS Shobha Karandlaje
The monthly pension of workers under the Employees’ Pension Scheme (EPS) of the Employees’ Provident Fund Organisation cannot be linked to inflation, Shobha Karandlaje, union…
Pension Budget 2024 expectations: FM may offer guarantee under NPS; central government employees likely to get 50% of last pay drawn as pension
The government plans to provide 50% of the final pay drawn as pension for central government employees enrolled in the National Pension System. This effort…
Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts
The government wants to encourage people to move to the new tax regime which combines lower tax rates with a very limited number of exemptions….