Workshop on National Pension System (NPS) for Corporates

On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and ..

8.65 Per Cent rate of interest notified for EPFO Subscribers

The government has approved 8.65 per cent interest rate on employees provident fund for 2018-19. This will be credited into the accounts of over 60 million subscribers of EPFO. The government had approved an interest rate of 8.55 per cent ..

PM Kisan Maan Dhan Yojana

The Central Government has launched the PM Kisan Maan Dhan Yojana, a pension scheme for small and marginal farmers of the country. Features of the Scheme The scheme is voluntary and contribution-based for farmers in the entry age group of ..

Update : Tax on Disability Pension of Military Veterans

After a ruckus in the lower house of the Parliament, Defence Minister Rajnath Singh has assured the house that he would inquire into the matter of tax on the disability pension for military veterans. Want is the issue? The Central ..

New index to Assess Quality of Central and State Budgets

The Confederation of Indian Industry (CII) has come out with a Fiscal Performance Index to assess the quality of budgets presented by the Centre and state governments. Fiscal Performance Index Fiscal Performance Index (FPI) is an innovative tool which uses ..

Bihar government announces a universal old age pension scheme – Mukhyamantri Vridhajan Pension Yojna (MVPY)

On 14th of February, the Bihar government announced a universal old age pension scheme – Mukhyamantri Vridhajan Pension Yojna (MVPY) for all people above 60 years of age. The scheme will come into force from the 1st of April 2019. ..