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LUMP SUM PAYMENT
Maryland man wins $1 mn Massachusetts Lottery but gets $650,000 only. Here's whyDuring a family visit, a lucky Maryland resident hit the jackpot, winning a million dollars in the lottery. Opting for a cash payout, he re...
Powerball winning numbers for August 10 revealed - Did someone win the $905 million jackpot on Monday night?The Powerball drawing is set to be momentous, with the jackpot soaring to an estimated $905 million! Players can also snag smaller prizes b...
Accenture tweaks salary hike method; splits increased payout between basic and lump-sumAccenture is now splitting salary increases equally between base pay surge and lump-sum payments. This approach aims to reward more employe...
'It costs Rs 1.5 lakh a month just to exist': Indian-origin man asks if Rs 4.6 lakh is enough in BengaluruAn Indian-origin man's detailed monthly budget for relocating to North Bengaluru after 15 years in the US has sparked a lively Reddit discu...
Parties collected Rs 281 crore, spent Rs 193 crore during Bihar polls: ADRThe report analysed expenditure statements filed by five national parties -- BJP, Congress, AAP, BSP and CPI(M) -- and five regional partie...
Signed away maintenance agreement? HC says wife can still claim more; here’s whyA wife can still seek more maintenance money even after signing a waiver agreement for a lump-sum payment. The Punjab and Haryana High Cour...
Got a bigger Social Security payment? Here’s the tax catch many missedMany people got bigger Social Security payments after a new law removed old benefit cuts. Some also received a one-time back payment. But m...
Retired govt NPS subscribers with min 10 years can claim additional benefits under UPSCentral government NPS subscribers retiring by March 31, 2025, with 10+ years of service, or their spouses, can claim Unified Pension Schem...
How to calculate lump sum under Unified Pension Scheme: Check formula, other details hereThe Unified Pension Scheme (UPS) for central government employees, commencing from April 1, 2025, ensures assured pensions, family pensions...
UPS pension calculation: How assured pension, family pension may be calculated under Unified Pension SchemeAssured pension calculation in UPS: The govt announced a new pension scheme for central government employees, the Unified Pension Scheme. T...
Congress election spending revealed: Rahul Gandhi got Rs 70 lakh for each seat, Vikramaditya Singh Rs 87 lakh, and moreThe Congress party has disclosed significant expenditures for the 2024 Lok Sabha elections, including Rs 70 lakh each for Rahul Gandhi’s ca...
What is Unified Pension Scheme (UPS): 5 things central government employees should know
Unified Pension Scheme: What it is, its benefits & features, and how it is different from NPSUnified Pension Scheme: Prime Minister Narendra Modi's Cabinet approved the Unified Pension Scheme for 23 lakh government employees, guaran...
LIC policy: Put Rs 296 per day in this insurance policy and get Rs 60 lakh at maturity; check detailsLIC Jeevan Labh offers a lump sum payment at maturity for the surviving policyholder and financial support for the family of the deceased p...
Which term insurance plan is best for you?These plans require a one-time lump sum payment. They suit people who don’t want to make a multi-year commitment, have a lumpy cash flow or...
Systematic lump sum withdrawal from NPS: PFRDA releases exposure draftPFRDA has suggested in a exposure draft (issued on September 29, 2022) on Introduction of Systematic Lump sum Withdrawal (SLW) for the bene...
Oil companies say Air India not honouring Rs 100 crore/month payment promiseAir India owes IOC about Rs 2,700 crore in unpaid fuel bills. This includes Rs 450 crore of interest. Its outstanding towards the three oil...
Fuel payment issues with oil PSUs will be resolved early: Air India"The issues with oil companies are being sorted out and would be resolved early," Air India spokesperson Dhananay Kumar said.
- Zuari Cement agrees to make lump-sum payment to settle dispute with L&T
Zuari Cement has agreed to make a lump-sum payment to settle an acrimonious dispute with Larsen and Toubro over unpaid bills, people famili...
- Query Corner: Banking and Finance
Our expert V N Kulkarni, Chief Counsellor, Abhay Credit Counselling Centre, guides you in matters relating to banking & finance.