National tax authorities and the Organization for Economic Cooperation & Development are grappling with those questions as the remote-working revolution blurs the lines between work, residency and time off The result could be tighter and clearer rules on how long...
Pension & Social Security
UK abolishes tax threshold on pension allowance to encourage people to work longer
Hunt said in his annual budget that he would scrap the so-called lifetime allowance, which had meant that people faced a 25% levy if they saved around 1.1 million pounds ($1.33 million)in their pension pots The capped amount of money that can put in their pensions in...
Deepak Mohanty appointed as PFRDA chairman
Deepak Mohanty, chairman, PFRDA Mohanty was a member(Economist),PFRDA and had recently retired from the regulatory body New Delhi: The government on Tuesday has appointed Deepak Mohanty, a former member of the Pension Fund Regulatory Development Authority( PFRDA), as...
NPS, APY subscribers rise 23 pc in FY23; over 1 cr customers added under Atal Pension Yojana
Of the total 6.24 crore subscribers currently, 23.86 lakh and 60.72 lakh are central and state government employees, respectively. Corporate subscribers stood at 16.63 lakh New Delhi: The number of subscribers under the National Pension Scheme (NPS) and Atal Pension...
Maha: Will discuss old pension scheme issue with all stakeholders, says Fadnavis
Devendra Fadnavis,Deputy Chief Minister,Maharashtra Under OPS, the pension amount is provided by the government, which increases its liability, whereas the NPS has a contributory mechanism from the employee as well as the government. Mumbai:Maharashtra Deputy Chief...
French nationwide strike to extend as pension reform fight intensifies
This is a critical time for labour and the government since French President Emmanuel Macron hopes parliament will adopt his plan to raise the pension age by two years to 64 before April. Looking to pile pressure on lawmakers, France's hardline unions said there would...
1% women migrated in search of job, 87% shifted due to marriage: NSSO
The objectives of the MIS were to collect information for developing estimates of some important Sustainable Development Goal (SDG) indicators, to collect information regarding purchase or construction of houses or flats by the household for residential purpose after...
Select Central government employees can opt for Old Pension Scheme
"It has now been decided that, in all cases where the central government civil employee has been appointed against a post or vacancy which was advertised/ notified for recruitment/appointment, prior to the date of notification for National Pension System i.e....
Reverting to OPS will privilege govt servants at cost of larger public: D Subbarao
''That will be a decidedly regressive move both for our commitment to fiscal responsibility, and more broadly for the credibility of our reforms,'' former RBI governor D Subbarao New Delhi: The decision of some states to restart Old Pension Scheme will be decidedly a...
Himachal Pradesh to implement Old Pension Scheme from April 1, to bear a burden of ₹ 1,000-crore during 2023-24
The employees under the New Pension Scheme (NPS), who have retired after May 15, 2003, will be given OPS from the prospective date. The decision would put a burden of ₹ 1,000-crore on the state exchequer during 2023-24 financial year, Shimla: The Himachal Pradesh...