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CENTRALIZED PENSION PAYMENTS SYSTEM
RBI says no to special exposure relaxations for state NBFCsThe Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...- RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...
- Mastercard Move: Who is strategising at Mastercard to eliminate pain points and make money move globally effortlessly?International payments have traditionally been slow, less transparent, and expensive. With growing expectations of better, seamless payment...
- 8th Pay Commission: Why defence employees’ body wants changes in inflation index used for DA, DR calculations
- Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI pushMeta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the...
- RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
- Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
- 8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting a...
- EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
- Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
- Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
- Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
- Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
- Kerala to review pension rolls, reiterates Rs 3,000 pension promiseKerala Chief Minister V D Satheesan announced a comprehensive review of welfare pension beneficiaries to eliminate ineligible recipients an...
- PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providersThe Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo ...
- 8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
- 8th Pay Commission latest news: Has the deadline to submit the 8th CPC memorandum been extended? Check detailsThe 8th Pay Commission's deadline for submitting memorandums remains June 15, 2026. No further extensions will be granted. The commission i...
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
- 8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
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