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PSUS EMPLOYEES BENEFITS
Andhra Cabinet raises retirement age for PSUs; restores Old Pension Schemes for 11,000 employeesAndhra Pradesh employees in state PSUs, Gurukul schools, and welfare societies will now retire at 62, matching state government staff. Addi...- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
- 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...
- Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
- EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
- 8th Pay Commission latest update: Pensioner body flags 8th CPC portal problems, seeks memorandum submission deadline extensionPensioner groups Bharat Pensioners Samaj (BPS) and NCCPA have raised concerns with the 8th Pay Commission regarding its memorandum submissi...
- Himachal govt defers 30% salary of top officials for six monthsHimachal Pradesh government has deferred a portion of salaries for officers and employees for six months, starting May 2026, to manage fina...
- Private lenders likely to fare better than public peers in Q4Analysts anticipate divergent March quarter earnings for banks, with private lenders projected to see nearly 12% net profit growth while pu...
- BoB now 'Pension Disbursing Bank' in West Bengal, to now disburse EPS pension in the stateBank of Baroda and EPFO partnered to disburse pensions in West Bengal. The agreement benefits pensioners through the bank's extensive netwo...
- Income tax exemption limit on gratuity doubled to Rs 20 lakh: Labour MinThe latest enhancement of tax exemption limit on gratuity follows a government notification issued on March 29, 2018.
- Criteria evolved to identify PSU, bank posts on 'creamy layer'The need to draw up the criteria arose as there was lack of clarity in the comparable posts in the state-run undertakings and the governmen...
- DoD for ESOPs as variable pay in PSUs to raise retail holdingThe DoD under the ministry has suggested to the DPE that the Performance Related Pay (PRP) to PSU executives be in the form of ESOP.
- Board-level officials may get extra benefits for working in sick PSUsBoard-level officials in state-run cos may get extra benefits if they agree to serve in sick public enterprises.
- Staff to finally have a stake in PSUs, via EsopsGovt directs all listed public sector undertakings to formulate employee stock option plan schemes to retain talents and reward performers....
- Sixth pay panel triggers hike for PSU employeesThe government has finally decided to revise the pay scales of employees working in 69 public sector undertakings (PSUs) on the lines of th...
- Sixth pay panel triggers hike for PSU employeesGovt has finally decided to revise the pay scales of employees working in 69 public sector undertakings (PSUs) on the lines of the Sixth Pa...
- No extra perks for babus on deputation to PSUsMoney may no longer be the charm for babus to join a public sector undertaking (PSU) on deputation .
- PSU executives’ perks may be tweaked to face competitionChauffeur-driven cars or uniform allowance may soon be a thing of the past for most officers of public sector companies.
- Govt plans new pay committee for public sector staffThere is some good news for employees of public sector undertakings (PSUs).
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