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PSU EMPLOYMENT BENEFITS
Techie leaves Rs 18 lakh job for PSU stability taking a big pay cut, questions decision after one yearA viral workplace discussion on X has triggered contrasting views on the trade-off between private-sector earnings and public-sector stabil...- Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
- 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...
- NFO Alert: Tata Mutual Fund announces launch of Tata Multi-sector Passive FoFTata Mutual Fund has launched the Tata Multi-sector Passive FoF, an open-ended scheme investing in passive equity funds across various sect...
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- 8th Pay Commission: Why these 62,000 defence civilian employees want to retain their central government employee statusOver 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's as...
- BHEL, NTPC jump 3% on FM's PSU partnership announcementIn the Budget for FY24-25, the Modi Government 3.0 intends to focus on nine key areas: agriculture, employment, human resource development ...
- Over 2 lakh jobs 'eliminated' from PSUs, govt 'trampling upon hopes of youth': RahulFormer Congress President Rahul Gandhi has alleged that over two lakh jobs have been "eliminated" from Public Sector Undertakings (PSUs) in...
- ICICI Prudential MF, Aditya Birla SL MF launch PSU bond index funds. Should you invest?Two large mutual fund houses- ICICI Prudential Mutual Fund and Aditya Birla Sun Life Mutual Fund- have launched PSU Bond Index Funds. Both ...
- Rahul Gandhi attacks government over fuel price hikeGandhi and his Congress party have been attacking the government over high fuel prices, alleging that it has collected over Rs 21 lakh cror...
- LTC Cash Voucher Scheme notified in Budget 2021The benefit of the LTC Cash Voucher scheme is available in the old tax regime. If an individual opts for the new tax regime, then tax benef...
- Tax optimiser: Avuluri can save Rs 43,000 tax via NPS, health insuranceNot only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax ou...
- The govt should quit all businesses except utilities, public monopolies: ViewWe need to wind down the PSU framework because it represents a social injustice we do not acknowledge.
- Creamy layer tag deprives PSU wards of civil servicesCrucially, the axe on these OBCs this year comes despite a Delhi high court judgment in March which slammed the Centre’s method of calculat...
- Centre announces scheme for Northeast India industrialisationGovernment will provide necessary allocations for remaining period of scheme after assessment before March 2020.
- IRDAI nixes TPAs’ move to run PSU health schemesIRDAI clarified that PSUs do not come under the ambit of the relaxation which allows TPAs to provide healthcare schemes 'promoted, sponsore...
- Govt’s booster dose to give a fillip to bank, infra stocks, say expertsMajority of D-St experts see the announcements as big positive for both the key sectors.
- NTPC not to take former employees backNTPC has shut its doors on former employees wanting to make a comeback to the organisation seeking job security.
- Implementing new pay scale prerogative of employer: SCThe Supreme Court on Friday said that it is the prerogative of the government to implement revised pay scale for employees.
- Banks call for changes in pension provisioning normBanks have sought that instead of making upfront provisions for future pensions, they should be allowed to build up a fund over a period of...
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