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.
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.
A detailed guide on the 8th Pay Commission's Terms of Reference (ToR), explaining its importance for 50 lakh central government employees and 65 lakh pensioners awaiting salary and pension revisions.
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.
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.
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.
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 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.
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.
The Jactto-Geo strike in Tamil Nadu from January 6 threatens revision classes for board exams. Teachers demand pension scheme rollback, pay parity, and filled vacancies. School heads express concern over student impact.
Chennai schools reopening post-holidays face revision class disruptions due to Jactto-Geo strike demanding pension scheme changes & pay parity. Key dates & demands inside.
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.
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.
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.
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.
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.
CPM demands verification of deceased voters' list with local body death registers after 24.08 lakh names removed in Kerala's intensive revision. CEO assures corrections possible until final list.
PFRDA amends rules, giving NPS subscribers more control over fund managers and investment choices. Learn how these changes impact your retirement corpus.
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 govt eliminates mandatory no-dues & inquiry certificates for retiring employees, ensuring timely pension processing. A major reform to prevent financial hardship.
Tamil Nadu Deputy CM Udhayanidhi Stalin announces work to reinstate voters omitted in Special Intensive Revision. School Education Minister counters TVK's dropout rate claims with data.
Maharashtra govt scraps mandatory no-dues certificates for retiring employees, aiming to expedite pension processing and prevent financial hardship. Learn about the key reforms.
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.
Supreme Court dismisses Centre's appeal, grants disability pension to Colonel Harinder Pal Singh for injuries sustained during service, including while on leave. Landmark ruling upholds 'national extension of employment' principle.
The Election Commission of India begins Special Intensive Revision hearings in West Bengal from December 23. Get details on new rules, mandatory physical appearance, and state-wide schedule.
PFRDA's major NPS overhaul allows private sector subscribers to withdraw 80% of their corpus and stay invested until 85. New withdrawal options introduced. Read for key details and tax implications.
PFRDA's new NPS rules raise exit age to 85, allow 80% withdrawal for private subscribers, and permit using pension corpus as loan collateral. Get details here.
Himachal Pradesh CM Sukhvinder Singh Sukhu announces Rs 2,155 crore spent on clearing pending dues. The government pledges to settle all arrears by 2027 as state revenue improves. Details inside.
Himachal Pradesh CM Sukhvinder Singh Sukhu announced 70% arrears cleared for pensioners above 70, with the rest due in 40 days. The government has spent Rs 2,155 crore on employee and pensioner dues.
Rajasthan's draft electoral roll sees 41.79 lakh voters deleted. Jaipur accounts for highest deletions. Public can file claims from Dec 16 to Jan 15. Read details.
PFRDA slashes mandatory annuity purchase to 20% for non-government NPS subscribers, allowing up to 80% lump sum withdrawal at exit. New rules offer greater control over retirement savings.