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Pensioners

Aug 28, 2016 at 12:22 | Source: PTI
A Parliamentary panel has rapped the government for abruptly amending the formula for calculating pension, which resulted in "substantial" decrease in the amount of benefits received by employees who retire after September 1, 2014, saying it amounts to "breach of contract".
Aug 19, 2016 at 21:26 | Source: PTI
The Delhi government has notified implementation of the Seventh Pay Commission recommendations, which provides 2.5 times hike in basic salaries and pensions of its employees and pensioners with effect from January 1.
Aug 19, 2016 at 17:50 | Source: PTI
Banks can now enroll prospectivesubscribers of the Atal Pension Yojana (APY) by fetching theirsaving bank account details, making the process faster andhassle-free.
Aug 19, 2016 at 10:26 | Source: CNBC-TV18
While many cost synergies may arise out of the merger, being a public sector bank, it cannot fire redundant employees, notes Parag Jariwala of Religare Capital, adding, pension-related costs will also inch up.
Aug 18, 2016 at 14:00 | Source: PTI
At present, the subscribers seeking pension under the Employees' Pension Scheme 1995 has to get his pension claim application attested from the employer to fix the retirement benefit after superannuation.
Aug 16, 2016 at 19:30 | Source: PTI
Banks have finalised an action plan to increase coverage and meet sales target under the Atal Pension Yojana (APY), pension regulator PFRDA said today.
Aug 13, 2016 at 10:58 | Source: PTI
A panel formed by the government to look into the issue of bringing all pension products under one regulator is likely to submit its report shortly, a top official of pension watchdog PFRDA said.
Aug 12, 2016 at 22:28 | Source: Reuters
Finance Minister Arun Jaitley told lawmakers on Friday that he would need more money in the current fiscal year to cover the cost of big pay rises for 10 million state workers and pensioners.
Aug 10, 2016 at 17:58 | Source: Reuters
The offer, made on Tuesday, included the assumption of CUSD 954 million (USD 734 million) in liabilities under US Steel Canada's pension plan and a commitment to provide CUSD 25 million toward post-employment benefits for US Steel Canada's staff.
Aug 08, 2016 at 15:23 | Source: CNBC-TV18
"Recovery on consumption will happen with seventh Pay Commission and One Rank One Pension (OROP) being implemented, which will trigger demand and bring the company more volumes," says Saugata Gupta, MD and CEO of Marico.
Messages on Pensioners »

shkbagga

Gold Member

29 Followers

ITC  

One rank one pension. 7th pay commission and good Monsoon this share will cross 300 soon in two months

9.00 PM Aug 28th

chchch

Platinum Member

57 Followers

News Now  

What Swamy says is not incorrect. It appears that incase the Government goes ahead with the present structure of GSTN, it will be a path-breaking one. Readers may recalled the abolition of defined pension structure and introduction of New Pension System(defined contributory pension

3.30 PM Aug 28th

k.v.renga

Platinum Member

1182 Followers

Just Posted  

Parliament panel slams changes in pension calculation criteria A Parliamentary panel has rapped the government for abruptly amending the formula for calculating pension which resulted in substantial decrease in the amount of benefits received by employees who retire after September 1 2014

1.26 PM Aug 28th

Wire News

Platinum Member

611 Followers

News Now  

A Parliamentary panel has rapped the government for abruptly amending the formula for calculating pension, which resulted in "substantial" decrease in the amount of benefits received by employees who retire after September 1, 2014, saying it amounts to "breach of contract".

12.22 PM Aug 28th

netdo

Platinum Member

296 Followers

Politics  

Somethings are very axiomatic. Baby can not come out of pregnancy in 3 months, 15 lacs/person can not be expected of black money in 100 days in India. One rank one pension does not materialize in 90 days, Puspak Viman is a writer`s fantasy, Plastic surgeons do not appear thousands of years ago

9.02 PM Aug 27th

LAR

New Member

0 Follower

Tax Planning & Help  

I am retired person. I receive Pension from 1. Super Annuation Fund Policy (from LIC) created by Employer 2. EPF 3. Policy taken by me (2 separate policies) Is this monthly amount received be treated as SALARY ? Do I get exemtion as Trave allowance @ Rs.800/- per month on these pension receipts

11.57 AM Feb 11th 2013

bullbirsing
h

Platinum Member

88 Followers

Larsen  

they could just change this scheme as old age pension scheme. and create labour contracts with specific nature of job for others.

10.05 AM Feb 11th 2013

indradev

Platinum Member

221 Followers

Odd One Out  

Hi Micky, When one is the only breadwinner in the Family and all other are dependant on him/her then one has to certainly look into the Financial implications. My father had retired from Service and his was not a Pensionable job and I had to take care of the Family. In fact 90% of my first

1.24 PM Feb 10th 2013

subasu

Platinum Member

686 Followers

Tax Planning  

Annual pension income is Rs. 1,32,000. Interest from FD (joint with mother) will give a maximum interest of Rs. 4,900 in a year. Even if another two lakhs are in FD, that would give interest of only Rs. 20,000 maximum. Therefore, the total income comes to less than Rs. 2,50,000. Senior Citizens

8.17 PM Feb 9th 2013

chandraksa

Platinum Member

30 Followers

Karnataka Bank  

i am also holding KTK at average price of 165 ,whole market is going down so also KTK .all these banks have performed well inspite of recession so in future there will be no recession RBI polices to drive bank stocks with govt spending for infra ,direct cash transfer and recent pension

10.12 PM Feb 8th 2013

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