NEW DELHI: Central govt employees covered under the Unified Pension Scheme (UPS) will receive retirement and death gratuity benefits similar to the Old Pension Scheme (OPS), Union minister of state for personnel Jitendra Singh said Wednesday, reports Bharti Jain.The inclusion of death-cum-retirement gratuity in UPS, a long-pending demand, is expected to encourage many covered under…
The ministry of Finance on Friday announced that Central government employees who retired under the National Pension Scheme (NPS) on or before March 31, 2025, and have completed at least 10 years of qualifying service — or their legally wedded spouses — will be eligible for additional benefits under the Unified Pension Scheme (UPS).These UPS…
Representative image (Picture credit: PTI) NEW DELHI: A parliamentary panel recommended that the benefits under the central income support scheme (PM-Kisan) be extended to farm labourers, noting that nearly 55 per cent of the country’s population is engaged in the farm sector but not all as landowners.Currently, only landholder farmer families receive an annual Rs…
NSC and tax-saving FDs both qualify for Section 80C deductions up to Rs 1.5 lakh, but differ in interest taxation. (AI image) National Savings Certificate vs Bank Fixed Deposits: For tax-saving investments, National Savings Certificate (NSC) and bank tax-saving Fixed Deposits (FDs) stand out as preferred choices. These instruments guarantee returns, offer tax advantages under…
The expanded Club World Cup begins in 100 days, with the 32-team tournament taking place in the United States from June 14. It is the first time the club edition of the World Cup will mirror the national team version of the tournament. There have been worries about the additional workload on players — FIFPro…
It is important to note that the Section 80C exemption of up to Rs 1.5 lakh per annum is only available under the old income tax regime. (AI image) Post Office Savings Schemes Income Tax Benefits: Post Office Savings Schemes are seen as a secure investment alternative in India with government backing. Some of these…
With no passengers and no planes, Pakistan’s newest and most expensive airport is a bit of a mystery. Entirely financed by China to the tune of $240 million, it’s anyone’s guess when New Gwadar International Airport will open for business. Located in the coastal city of Gwadar and completed in October 2024, the airport is…
President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a decidedly better position to benefit. Mr. Trump and Mr. Musk, the world’s richest man who has been given enormous power by the president, have been dismantling federal agencies across the…
Sonia Gandhi. (Photo/PTI) NEW DELHI: Congress Parliamentary Party (CPP) chairperson Sonia Gandhi on Monday called on the government to complete the population census at the earliest, saying that around 14 crore people in the country are being deprived of benefits under the food security law. Speaking in the Rajya Sabha during her first Zero Hour…
The Central Board of Secondary Education (CBSE) will organise a workshop aiming to improve student mental health and well-being on February 12, 2025, for Principals, Counselors, and wellness teachers. This workshop will equip participants with actionable techniques to recognize signs of mental health challenges in students and deliver appropriate psychological support effectively.Principals, counselors, and wellness…