Tag: National Pension Scheme
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.
PARTNER POSTS
Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition
Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...
Quest Global: Establishing trust as a go-to partner for the world’s most challenging engineering...
Quest Global is in the business of engineering, to build a brighter future. What makes it different is not what it does but why...
UAE’s Nafis programme boosts Emirati private sector jobs
The UAE's Nafis programme, launched in September 2021 to boost Emirati participation in the private sector, has yielded impressive results in just two years....
Latest
Citigroup’s restructuring could cause job losses
Citigroup is taking measures on a substantial restructuring exercise, and employees working in compliance and risk management support roles are more likely to be...
Gujarat HC upholds employee rights in controversial termination case
The Gujarat High Court has ruled that endorsing settlement claims within Lok Adalat does not constitute misconduct. It underscores that even if an employee's...
TDS not necessary at time of ESOP grant: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has recently ruled that there is no need to deduct TDS when granting an...
Study links heart disease to low pay & work stress
Men who were working stressful jobs and not getting sufficient reward for the effort they put in are more prone to heart ailments than...
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