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EMPLOYEES RETIREMENT OPTIONS
No UPS pension for retirees of this state government; employee body writes to Nirmala Sitharaman, seeks interventionRetired employees and teachers from the Delhi government are anxiously waiting for their pensions under the Unified Pension Scheme. The All...
Moving back to India? What NRIs need to know about US tax obligationsFrom RSUs to retirement accounts, what returning Indians must settle before—and after—they land. The first thing to understand is that immi...
From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosi...
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...
Higher EPS pension: What is government doing on pending application for higher EPS pension; here's what union minister saidEPS 95 latest news: The Employees' Provident Fund Organisation (EPFO) has received over fifteen lakh applications for higher EPS pensions. ...
Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
EPS pension hike: Will minimum pension rise from Rs 1,000 to Rs 7,500?Minimum EPS pension: Pensioners are advocating for a boost in the minimum EPS pension. The government reassured them that existing pensions...
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
8th pay commission latest news: Central government teachers demand Old Pension Scheme, 65-year retirement age, more leave and higher promotion quotaTeachers from the central government have come together to express their demands to the 8th Pay Commission, advocating for equal pay and be...
Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishmentsEPS higher pension: The government has acknowledged the Madras High Court's decision on higher pension benefits. Supreme Court orders regar...
Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverageWorried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. ...
Unified Pension Scheme attracted just 4% of NPS subscribers: GovernmentThe Unified Pension Scheme (UPS) has received limited response from central government employees, with only 1.18 lakh workers opting for it...
Eligible for 75% EPF balance withdrawal and planning to do so? Think again and find out how much it will cost you to rebuild itNew EPF withdrawal rules offer greater flexibility for salaried employees. Experts caution against withdrawing retirement savings premature...
'No proposal to change or replace Unified Pension Scheme,' says Finance Minister Sitharaman in Lok SabhaFinance Minister Nirmala Sitharaman confirmed no changes are planned for the Unified Pension Scheme. This scheme offers assured monthly pay...
No time bound promotion under MACP for these central government employees; govt clarifies in Rajya SabhaCentral government employees retired between 2006 and 2008 will not receive MACP benefits. The Modified Assured Career Progression scheme b...
EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and riskThe Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-link...
EPF calculator: How much PF corpus can you generate with Rs 25,000 basic pay and 30 years of service?An Employees Provident Fund subscriber could accumulate over Rs 1.12 crore in 30 years. This significant corpus is projected with a Rs 25,0...