Tag: National Pension Scheme

14% tax benefit on NPS for state government staff

As per the Union Budget 2022, employees of state governments will enjoy tax benefit of 14% on the National Pension Scheme (NPS) contribution made...

Proposal to make employers’ contributions to NPS tax free

Pension Fund Regulatory and Development Authority (PFRDA) proposes that the employers’ contribution of 14 per cent under the National Pension Scheme (NPS) be made...

Investment in Tier II NPS eligible for tax deduction under Sec...

Investment in the Tier II account of the National Pension System (NPS) will now be eligible for tax deduction under Section 80C, as per...

National Pension System can be availed by Indian citizens overseas too

The National Pension Scheme was earlier meant for government employees joining service with effect from January, 2004. Later, however, it was extended to all...

National Pension Scheme revamped, Government contribution increased by 4%

The Central Government announced a hike for its employees, who have been in service since January, 2004, under the National Pension Scheme (NPS). The...

Partial withdrawal allowed under NPS after 3 years

Earlier NPS subscribers were permitted to withdraw up to twenty-five per cent of their contributions, only after ten years from the date of their joining the system

National Pension Scheme allows 25% withdrawal before maturity

NPS is a voluntary, defined contribution retirement savings scheme for Indian employees during their working life.

Budget 2016-17: Government adds tax to Employees’ Provident Fund

GOI has proposed to bring EPF at par with NPS, which has a tax rebate on 40 per cent of the corpus while the remaining 60 per cent is taxable.

 

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

200 R&D employees of Microsoft asked to leave

Close on the heels of laying off 1800 employees as part of a restructuring exercise, Microsoft has reportedly laid off 200 more. This time, it...

Latest

Capgemini’s Camie Shelmire takes charge as CPO at Brillio  

Brillio, a digital transformation solutions provider has announced the appointment of Camie Shelmire as chief people officer with immediate effect. Shelmire will be responsible...

Max Life inaugurates next-gen sustainable office for new-age workforce

Max Life Insurance Company has inaugurated its biggest office in India, spread across 1,12,553 sq. ft., at Udyog Vihar, Gurugram (Haryana). Not far from...

AI, ML, cybersecurity jobs available at JP Morgan Chase, India

JP Morgan Chase is all set to hire talent in the areas of data engineering, artificial intelligence (AI), machine learning(ML), cybersecurity and cloud computing....

Jobs available in banking, management, accounting & finance

Recent reports show that India’s job market is doing well. With openings across sectors, job seekers have many options. Indian Railways is already in...

DIALOGUE

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...