The inclusion of UPS under the tax framework marks another step...
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Pension & Social Security
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UAE becomes world’s third-largest holder of sovereign wealth and public pension assets
This places the UAE behind only the United States, which tops the...
Contractual employees entitled to maternity leave: Orissa HC
Rejecting the state government’s contention that only regular women...
ICICI Prudential Pension Funds crosses Rs 50,000 crore AUM
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
Cabinet approves Rs 1.07 lakh cr Employment Linked Incentive scheme to create 3.5 cr jobs in 2 yrs
The ELI scheme to support job generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector, was approved by the Union Cabinet in a meeting, chaired by Prime Minister Narendra Mod New Delhi: The central...
LIC CEO Bhanoo seeks govt push for taking insurance education to cities and schools across India
P. Jaipuria, secretary general, Insurance Institute of India, S.N. Bhattacharya, Secretary General, Life Insurance Council, Sat Pal Bhanoo, CEO & MD (In-charge), Life Insurance Corporation, Inderjeet Singh, Secretary General Insurance Council, Kavita...
95 crore people now benefiting from social security schemes: PM Modi
“Today, around 95 crore people of the country are getting the benefit of some or the other social security scheme; whereas, till 2015, the government schemes were reaching less than 25 crore people,” Prime Minister Narendra Modi said. New Delhi: Prime Minister...
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman
Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...
S Ramann takes over as new chairman of PFRDA
S Ramann, chairman, PFRDA With his vast experience in public finance, technology, and financial regulation, Ramann,an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch, has been appointed as the new chairman of PFRDA for a tenure of...
India’s social security coverage increased from 19 pc to 64 pc in 10 years
According to an official statement, ILO has acknowledged India's achievement and officially published on its dashboard that 64.3 per cent of India's population, i.e. over 94 crore people, are now covered under at least one social protection benefit. It is an...
FM asks financial sector regulators to standardise KYC, refund of unclaimed assets to rightful owners
Lto R--Ajay Seth, Finance secretary, Sanjay Malhotra, Governor, Reserve Bank of India,Nirmala Sitharaman,Union Finance Minister,Pankaj Choudhary,Union Minister of State for Finance and Nagaraju Maddirala, Secretary, Department of Financial Services at the 29th FSDC...
74% employees prioritise long-term benefits over bigger paychecks: Report
Around 74 per cent of employees interviewed stated that they would choose a slightly lower salary in exchange for stronger long-term benefits such as health insurance, retirement planning, and education support, a report by staffing solutions and HR services provider...
Govt ratifies interest rate at 8.25 pc on employees’ provident fund for FY25
EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. Now the interest amount as per the rate ratified for FY25...