Tag: National Pension Scheme
Revised NPS for Maharashtra govt staff
In response to the state government employees’ demand for the old pension scheme or OPS to be reinstated, the Maharashtra government has announced a...
Govt employees under NPS on indefinite strike from Monday
To show their anguish towards the scrapping of the National Pension Scheme (NPS), the Karnataka Government employees under the NPS called for an indefinite...
Assam government staff demonstrate, protest against NPS scheme
The state government employees in Assam demonstrated in protest against the New Pension Scheme (NPS) via a non-cooperation movement, which affected the administration of...
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.
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Uncertainty continues for Byju’s staff; next NCLT hearing on 6 June
With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue to be uncertain of...
Nike lets go 740 from Oregan HQ to cut costs
Sportswear firm, Nike is all set to reduce staff strength at its Oregon headquarters by 740. This is part of a cost-cutting exercise because...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
Polmor Steel to expand in Telangana, create 100 more jobs
Polmor Steel, a wholly-owned subsidiary of the Polish company Polmor is gearing to expand in Telanga, where it already has facilities in the Automotive...
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Data analytics and not technology will redefine HR
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EQ, IQ & empathy define the success of a CEO
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“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....
