Poll-bound Chhattisgarh's plan to switch to old pension scheme hits PFRDA hurdlePFRDA has rejected the Congress government’s demand to withdraw funds accrued through government and employees’ contribution saying there i...
04 Jun, 2022, 07.27 AM IST
CBI books 1989-batch civil servant couple in Rs 5.5 crore disproportionate assets caseAlka Jain, an Indian Revenue Service officer posted as Commissioner of Income Tax (Appeals) in Udaipur, and her husband Amit Jain, an India...
09 Apr, 2021, 10.04 PM IST
PF tax prompted by HNIs availing waiver“One of the highest contributors has more than ₹103 crore in his PF account, followed by two second highest ones having more than ₹86 crore...
05 Feb, 2021, 08.51 AM IST
No proposal to amend GPF rules to permit withdrawal for second house: GovernmentMinister of State for Personnel said that if a government employee has already availed withdrawal from GPF for building or acquiring a hous...
17 Jul, 2019, 08.34 PM IST
CBI lodges FIR in fraudulent withdrawal of Rs 92 lakh from GPF accounts of MEAThe fraud was detected when an attempt was made to withdraw Rs 22 lakh from the GPF account of a person named Ram Kumar on June 7 in Axis B...
13 Jul, 2018, 05.26 PM IST
Civil accounts department has sanctity attached; can't afford to err: Arun JaitleySpeaking at the occasion, Jaitley said, "There is a certain amount of sanctity which must remain attached to the government accounting syst...
01 Mar, 2018, 09.47 PM IST
No documentary proof for GPF advance, withdrawalThe government has with effect from March 7, 2017, liberalised conditions for taking advance from the GPF for education, illness and purcha...
12 Apr, 2017, 04.55 PM IST
Economy will gain from GPF reforms: GovernmentThe Centre had, on March 7, liberalised GPF rules in a big sop to govt employees, by bringing about changes for withdrawals for education, ...
28 Mar, 2017, 10.29 AM IST
General Provident Fund withdrawal: Payments within 15 days nowGovernment employees can also withdraw the fund for select purposes after completing 10 years of service, as against 15 years of service ea...
08 Mar, 2017, 05.48 PM IST
- Employer cannot demand interest on PF on termination: Court
The court said such a demand can be made only when the money is withdrawn as loan or advance by employee while in service.
24 Apr, 2011, 10.53 AM IST
- New taxes code for greater incentives for savings
The contributions to the PPF and pension schemes after the commencement of the code, it added, should be subject to EET mode of taxation.
12 Aug, 2009, 07.39 PM IST
- New pension scheme yet to offer clarity on tax sops
NPS may not be a big draw because the offer document does not explain how much an individual will be taxed, say tax experts. You can shift ...
03 May, 2009, 07.15 AM IST
- Withdrawals likely to be allowed under new pension plan
The pension regulator is considering a proposal to allow withdrawals from the New Pension Scheme (NPS) under two circumstances--to fund hou...
12 May, 2008, 02.37 PM IST
- Govt may allow pension fund withdrawals
Regulator likely to allow contributors to pull out funds for housing construction, health emergencies.
12 May, 2008, 02.26 AM IST
- Regulator seeks NPS tax relief
The pension regulator is pitching for income-tax exemption for contributions to the New Pension Scheme (NPS), akin to the one available for...
05 Dec, 2007, 03.08 AM IST
- Centre may offer pension benefits for the '04 batch
The government may extend benefits of gratuity, family pension and death gratuity.
15 Jun, 2006, 01.45 AM IST
- Hit 55 and you can be on Cloud 9
Senior citizens who have taken voluntary retirement will be eligible to invest their funds in the 9% Senior Citizens Savings Scheme at the ...
04 Aug, 2004, 12.54 AM IST