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STATUTORY RETIREMENT AGE
Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
EPFO: When can you get 8.25% EPF interest amount in your provident fund account?EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate...
Final May 2026 Social Security payment: Which SSA retirees, SSDI and survivor beneficiaries get up to $5,181 deposits Wednesday?Millions of retirees, disability recipients, and survivors await the last Social Security payment of May — but only a specific group qualif...
Supreme Court allows euthanasia for rabid, incurably ill stray dogsThe Supreme Court has permitted euthanasia for rabid and dangerous stray dogs. This decision aims to protect human life from aggressive can...
Inquiry report on Justice Varma tabled with Speaker after resignationAn inquiry committee has submitted its report to the Lok Sabha Speaker regarding allegations against Justice Yashwant Varma. The report con...
NPS launches Retirement Income Schemes: New drawdown option for pension payouts, benefits & rulesThe Pension Fund Regulatory and Development Authority has launched new Retirement Income Schemes and drawdown options for National Pension ...
Terminated employee’s reinstatement order challenged by employer; Delhi HC says employer not liable to pay disputed salary beyond retirement age of employeeDelhi High Court has ruled employers need not pay Section 17B salary after an employee retires. This interim judgement clarifies that statu...
Germany has highest share of older workers in EUGermany has the highest proportion of older workers of any European Union country, official data showed Tuesday, with almost a quarter of t...
Gratuity of retired employee withheld for 13 years due to ‘no funds’? High Court rejects employer's plea, directs it to pay up with 10% interestA retired employee, Mr. Rao, has won a 13-year legal battle for unpaid salary and gratuity. The Andhra Pradesh High Court ruled that an emp...
China's demographic time bomb: Preschools turn into nursing homes as retirement age risesChina will raise its retirement age starting January 1, 2025, in a bid to combat an escalating demographic and economic crisis. The reform,...
Worried China asks girls and boys to marry early, have kids, and retire lateChina's National Health Commission is encouraging early marriage and childbirth to address a declining birth rate. Additionally, the countr...
China to raise retirement age amid demographic challengesChina announced it will gradually raise the statutory retirement age to address its ageing population and demographic challenges. For men, ...
Senior Citizens' Savings Scheme latest interest rateYou can open a Senior Citizens' Savings Scheme (SCSS) account alone or with your spouse at any bank or post office. SCSS has a 7.4 percent ...
Government to soon start selection process for new PFRDA chairmanAs per the Act, the chairman will have a tenure of 5 years or till age of 65 years, whichever is earlier.
India comes in at 25 among 27 pension systems globallyAtal Pension Yojana (APY), which was launched in 2015 has also contributed to increase in coverage for pension among workers in the unorgan...
Former CBDT chief Anita Kapur appointed COMPAT memberAnita Kapur has been appointed to the post till she attains the age of 65 years, an order issued by Department of Personnel and Training sa...
China to increase retirement age to tackle demographic crisisYin said the current policy was formulated in the early 1950s when average life expectancy was less than 50.
- HMT group of firms not in position to pay revised wages: Praful Patel
The HMT group of companies had raised issues related to pay scales/wages and increase in age of superannuation from 58 to 60 years.
- Army Chief has a right to retire with dignity: Gen V K Singh
An Army Chief "has a right to retire with dignity", Gen V K Singh has pleaded before the Supreme Court while accepting the government's rig...
- Retirement age fixation is Govt's sole discretion: SC
HC had stayed the operation of amended provisions of the U.P. Legal Remembrancer Manual (L R Manual) which sought to reduce the retirement ...