Financial Impact & Benefits of National Pension Scheme (NPS)

11-12-2015

The National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers under NPS. There are a number of benefits available to the employees under NPS. Some of the benefits are enlisted below: • NPS is a well designed pension system managed through an unbundled architecture involving intermediaries appointed by the Pension Fund Regulatory and Development Authority (PFRDA) viz, pension funds, custodian, central record keeping and accounting agency, National Pension System Trust, trustee bank, points of presence and annuity service providers. It is prudently regulated by PFRDA which is a statutory regulatory body established to promote old age

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Bonus calculation ceiling revised from April 2014 – Arrears of bonus likely
December 24, 2015

LS passes Bonus Bill; benefits to accrue from April 2014The Lok Sabha on Tuesday passed a bill allowing doubling of wage ceiling for calculating bonus to Rs 7,000 per month for factory workers with establishments with 20 or more workers, with the benefits being applicable retrospectively from April 2014.The Payment of Bonus (Amendment) Bill, 2015,

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अब 21 हजार तक वेतन पाने वाले कर्मचारी को मिलेगा बोनस, लोकसभा में बिल पास… Read more at: http://money.bhaskar.com/news-cppst/MON-ECN-POLI-ls-passes-bonus-bill-benefits-to-accrue-from-april-2014-5202461-NOR.html
December 22, 2015

नई दिल्ली। लोकसभा ने मंगलवार को बोनस की पात्रता सीमा 10,000 रुपये मासिक वेतन से 21,000 रुपये करने और उसकी गणना की सीमा 3,500 से 7,000 रुपये करने के

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CBEC’s ACES Software Mired In ‘Skewed Utilisation’: CAG
December 19, 2015

NEW DELHI: Flagging the issue of "skewed utilisation" of ACES software deployed by CBEC to improve efficiency of indirect tax administration, the Comptroller and Auditor General of India today said no review of the application was done even after five years of implementation. The Automation of Central Excise and Service Tax (ACES) software

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Recommendations of the 7th Pay commission relating to pension/Retirement Benefits: RSCWS writes to DP&PW
December 17, 2015

RAILWAYS SENIOR CITIZENS WELFARE SOCIETY(Estd.1991, Regd. No.1881 – Under Registration of Societies Act)IDENTIFIED & RECOGNISED BY DOP&PW GOI UNDER PENSIONERS PORTALNO.RSCWS/CHS/7th CPC REp/2015-1Dated:6th December, 2015Secretary,Government Of IndiaDepartment of Pension & Pensioners Welfare3rd Floor, Lok Nayak BhawanKhan Market, New

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जिस दिन आएंगे ऑफिस, तभी से होगी वेतन में बढ़ोतरी
December 17, 2015

नई दिल्ली। जस्टिस एके माथुर की अध्यक्षता वाले सातवें वेतन आयोग ने केंद्र सरकार को अपनी सिफारिशें सौंप दी हैं। इस पर सरकार ने अमल करना

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58 Bureaucrats Penalised For Unsatisfactory Performance: Govt
December 16, 2015

NEW DELHI: As many as 58 bureaucrats faced penalty, including dismissal from services, compulsory retired and pension cut, for unsatisfactory performance, the government said today.Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh told Lok Sabha in a written reply, "From May 2014 till today, 13 Central Civil Service

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