Pension

Tax free Rs 20 lakh gratuity for employees may be a reality soon

Indian News       Jan 14, 2018

NEW DELHI: Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax free Rs 20 lakh gratuity.  At present formal sector workers with five or more years of service are...

52 pc senior citizens apply for maintenance allowance: Survey

Facts       Jan 08, 2018

New Delhi: At least 52 per cent senior citizens move court for maintenance allowance while 48 per cent are involved in property-related disputes, including revoking of their will, according to a survey conducted in four states by an NGO.   The Helpage India survey on the...

Increase social security pension in Budget 2018: Economists to Jaitley

Indian News       Dec 11, 2017

New Delhi:  Economists today suggested a range of measures, including increasing social security pension, to Finance Minister Arun Jaitley as part of pre- budget consultations.   "The amount (for social security pension) has been Rs 200 per month. This is totally unacceptable. There is no reason...