Govt may hike FDI limit in pension sector to 74%; Bill likely in next session

New Delhi, Apr 11 (PTI) The government may hike foreign direct investment (FDI) limit in the pension sector to 74 per cent and a Bill in this regard is expected to come in the next Parliament session, according to sources. Representative image Last month, Parliament approved a Bill to increase FDI limit in the insurance sector from 49 per cent to 74 More...

by Ila Choudhary | Published 3 days ago
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By Ila Choudhary On Friday, April 9th, 2021
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Govt & private offices in Lucknow, Prayagraj, Kanpur and Varanasi to operate at 50% strength till April 30

Lucknow: The Uttar Pradesh Chief Minister Yogi Adityanath has today ordered the presence of 50 percent staff in all government and non-government institutions and offices in Lucknow, Prayagraj, Kanpur and Varanasi More...

By Ila Choudhary On Thursday, April 1st, 2021
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Salary income of Indian workers in Gulf exempt from I-T: FM

New Delhi, Apr 1 (PTI) Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India. FM’s office tweeted: More...

By Ila Choudhary On Wednesday, March 10th, 2021
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Central govt employees will get full DA benefits from July: Minister

New Delhi: Central government employees and pensioners will get full benefits of dearness allowance (DA) starting July 1, with all the three pending installments being restored prospectively, Minister of State for More...

By Ila Choudhary On Monday, March 8th, 2021
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Punjab govt increases pension for freedom fighters in budget 2021-22

Chandigarh (Punjab) [India], March 8 (ANI): Punjab Finance Minister Manpreet Singh Badal on Monday proposed to increase the monthly pension for freedom fighters from Rs 7,500 to Rs 9,400 from April 1 in the state More...

By Ila Choudhary On Sunday, March 7th, 2021
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Women’s Day: Holiday declared for women govt employees in Telangana

Hyderabad, Mar 7 (PTI):The Telangana government on Sunday declared a holiday for allwomen government employees in the state on the occasion of International Women’s Day on March 8. Every year March 8 is celebrated More...

By Ila Choudhary On Thursday, March 4th, 2021
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EPFO central board recommends 8.5 pc interest rate for FY21

New Delhi [India], Mar 4 (ANI): The central board of trustees at Employees Provident Fund Organisation (EPFO) has recommended 8.5 per cent interest for subscribers during 2020-21, the government said on Thursday. File More...

By Ila Choudhary On Friday, February 26th, 2021
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In case of delay in salary, pension for govt employees, interest should be paid: Supreme Court

New Delhi [India], February 25 (ANI): The Supreme Court on Thursday said salaries and pensions are “rightful entitlements” of government employees and in case of delay, they should be paid with interest. Representative More...

By Ila Choudhary On Friday, February 26th, 2021
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Tripura govt announces 3 per cent hike in DA for employees from March

Agartala, Feb 26 (PTI) Despite financial constraints, the Tripura government has announced a three per cent hike in dearness allowance (DA) from next month for its employees and pensioners, a minister said. Tripura More...

By Ila Choudhary On Tuesday, February 23rd, 2021
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COVID-19 deaths: Ex-gratia provision for families of govt employees in Uttar Pradesh

Lucknow, Feb 23 (PTI) The Uttar Pradesh government on Tuesday said there is a provision of giving Rs 50 lakh ex-gratia to families of all government, corporations and other department employees who died due to COVID-19 More...