Tag: National Pension System

Salary can’t be held back for not opting for NPS: Allahabad...

According to the Allahabad High Court, it is not possible for the Uttar Pradesh government to withhold the salary of its employees just because...

Centre says –No proposal received regarding restoration of the Old Pension...

On 11th December 2022, Bhagwat Karad, the minister of the state for finance stated that there was no proposal for the restoration of the...

Centre eases family pension rules for kin of missing govt employees

As per a notification from the Department of Personnel and Training (DOPT), pension rules have been eased out. Following relaxation of certain rules by...

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...

EPF contribution extended till Aug, NPS tier-II eligible for tax deduction

The Government will continue to contribute 24 per cent towards the Employees’ Provident Fund (EPF) —12 per cent employees’ share and 12 per cent...

NPS withdrawal rules altered to cater to unexpected financial needs of...

The Pension Fund Regulatory and Development Authority (PFRDA) has altered the withdrawal rules for subscribers of the National Pension System (NPS), so that they...

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

Latest

DA hike for employees approved: Telangana government 

On January 23, 2023, the government of Telangana approved the release of a single installment of dearness allowance (DA) for all government employees and...

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

Does Amazon time its employees’ toilet breaks?

Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain...

Ford, Gemini, Innovaccer, and Inmobi lay off employees

Gemini Gemini, a US-based crypto exchange, announced that it will  let go of 10 per cent of its employees. The reason given for the layoffs...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“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...