Tamil Nadu Govt Announces New Assured Pension Scheme
Tamil Nadu CM M.K. Stalin unveils a new assured pension scheme for state employees, promising 50% pension and regular DA hikes. Read the full details here.
Category : Search result: pension fraud India
Bank of Baroda Manager Held for Rs 71 Lakh ATM Fraud
A Bank of Baroda assistant manager in Bantwal, Karnataka, has been booked for an ATM fraud of Rs 71.41 lakh. The scam was uncovered during an inspection that also revealed stolen gold worth Rs 55,000. Read the full investigation details.
TN CM to Announce Old Pension Scheme Decision on Jan 3
Tamil Nadu CM MK Stalin will announce the state's decision on restoring the Old Pension Scheme on Jan 3, potentially averting a govt employee strike from Jan 6. Details inside.
Bajwa Slams AAP Over Pension Delays for 35.27 Lakh in Punjab
Congress leader Partap Singh Bajwa attacks Bhagwant Mann govt for halting social security pensions for lakhs of vulnerable citizens. Read about the allegations of financial mismanagement.
US Suspends 6,900 Borrowers in $400M COVID Loan Fraud
The US SBA suspends 6,900 borrowers in Minnesota over a massive $400 million COVID loan fraud scandal. Key figures face bans and federal prosecution. Read the full investigation details.
PFRDA Allows Banks to Set Up Independent NPS Pension Funds
PFRDA approves a new framework allowing banks to independently sponsor and manage NPS pension funds, aiming to enhance competition and protect subscribers. New trustees appointed and fee structure revised.
Banks Can Now Independently Set Up NPS Pension Funds
PFRDA permits banks to establish pension funds for NPS, boosting competition. Fee structure revised from 2026. NPS Trust gets new trustees. Explore the impact on your retirement savings.
Banks Get Nod to Directly Set Up NPS Pension Funds
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
TN Cabinet to decide on new pension scheme on January 6
A high-level Tamil Nadu committee reviewed recommendations for a unified pension scheme. The final decision will be taken by CM Stalin's cabinet on January 6. The panel also discussed the ongoing teachers' pay disparity protest.
Bihar's Rs 3,000 Monthly Pension for Artists Begins
Bihar government initiates Mukhyamantri Kalakar Pension Yojana, offering Rs 3,000 monthly to senior artists. 85 selected, process ongoing. Scheme aims financial security for state's traditional artists.
NPS Needs Rs 50,000 Tax Benefit in Upcoming Budget
Axis Pension Fund CEO calls for a Rs 50,000 tax deduction for NPS under Section 80C to revive the scheme's appeal under the new tax regime. Key demands ahead of the Union Budget.
HC Rejects Haryana Employees' Plea on Old Pension Scheme
Punjab & Haryana High Court dismisses petition by Haryana employees challenging the cut-off date for the Old Pension Scheme. The court upholds the state's policy decision. Read for details.
UP Old Age Pension Beneficiaries Rise to 67.5 Lakh
Uttar Pradesh's old age pension scheme expands to 67.5 lakh beneficiaries after adding 9.83 lakh in 2025. Digital drives weed out ineligible names, ensuring support reaches the deserving elderly.
German Citizen Ex-MLA Draws Pension, Congress MLA Protests
BRS leader Chennamaneni Ramesh, declared a non-citizen by Telangana HC, continues to receive MLA pension. Congress MLA Adi Srinivas demands recovery of all benefits. Read the full controversy.
Kolkata BLO loses Rs 8.4 lakh savings in cyber fraud
A Kolkata school teacher and Booth Level Officer lost Rs 8.4 lakh in a sophisticated cyber fraud. The theft occurred in five transactions while he was busy with SIR work. Read the full story.
New Pension Plan: Start Contributions at Birth for Secure Old Age
Experts propose a radical pension model for Viksit Bharat: start contributions at birth with a govt seed fund. This could secure a ₹2.1 lakh monthly pension by 60, tackling India's ageing crisis. Read the full proposal.
2025: A Turning Point for India's Pension System
2025 saw landmark reforms in India's retirement landscape. Explore key changes to NPS flexibility and stricter EPF withdrawal rules, and learn how they impact your financial future.
Centre Blocks Pension Funds, Kerala Govt Pays Advance
Kerala Finance Minister K N Balagopal alleges the central government has failed to transfer welfare pensions, despite the state advancing Rs 25 crore. Over 8.4 lakh beneficiaries affected.
SBI Sees 16,000 Cyber Frauds, Digital Banking Risks Rise
SBI data reveals 15,956 cyber fraud cases from Jan 2024-Oct 2025, with losses of ₹118.47 crore. Experts warn of rising digital banking risks. Learn how to stay safe.
HC: State pension no automatic right to Central pension
Madras High Court clarifies that a state govt's freedom fighter pension does not create an automatic right to the Central govt's pension. The conditions of the Union scheme must be independently satisfied. Learn more about the key ruling.
Telangana Pension Audit Exposes Widespread Fraud
A pilot audit in Telangana reveals 10% of social pension beneficiaries are ineligible, including govt employees' families & car owners. State plans massive clean-up. Read details.
Kollam: Rs 15 Lakh Gold Scheme Fraud Case Registered
Kollam East police register a fraud case after a private institution fails to return Rs 15 lakh deposited under a gold scheme. The action follows intervention by the State Human Rights Commission. Read the full details.
HC ends 19-year dispute, orders pension for adopted son
Punjab & Haryana High Court directs PSEB to release pension with 9% interest to adopted son after 19-year legal fight, upholding adoption validity. Justice served.
NPS Reforms: Lower Lock-in, Annuitization Rules Eased
PFRDA's latest NPS reforms reduce lock-in to 15 years, ease annuitization rules, and add gold ETFs. Discover how these changes strengthen retirement planning for Indians.
HC Grants Pension to Mother After Teacher Son's Death
Punjab and Haryana High Court directs Haryana govt to give pension to mother of deceased teacher, ruling nomination by husband doesn't bar claim. Read the full story.
Key PFRDA Amendments Boost Flexibility for NPS Subscribers
PFRDA amends rules, giving NPS subscribers more control over fund managers and investment choices. Learn how these changes impact your retirement corpus.
HC Orders Immediate Pension Process for Retired Judge Sridevi
Telangana High Court orders state govt to immediately begin pension process for retired judge Justice G Sridevi. Status report due by Jan 5, 2026. Read the full story.
Maharashtra Ends No-Dues Certificates for Faster Pensions
Maharashtra govt eliminates mandatory no-dues & inquiry certificates for retiring employees, ensuring timely pension processing. A major reform to prevent financial hardship.
Maharashtra ends no-dues certificate rule for pensions
Maharashtra govt scraps mandatory no-dues certificates for retiring employees, aiming to expedite pension processing and prevent financial hardship. Learn about the key reforms.
NPS New Rules: 80% Lump Sum, Exit Age 85
PFRDA's new NPS norms boost lump sum withdrawal to 80% for private subscribers, raise exit age to 85, and allow loans against corpus. Key changes explained.
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