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7th Pay Commission: Modi govt all set to announce hike in allowances, HRA  7th Pay Commission: Modi govt all set to announce hike in allowances, HRA

The Empowered Committee of Secretaries (E-CoS) will screen the suggestions of the Ashok Lavasa committee report before they send it to the Cabinet for approval.

Andhra Bank launches mobile app Andhra Bank launches mobile app

State-owned lender Andhra Bank said it has launched a mobile app for its customers.

Link Aadhaar with PAN using SMS: I-T dept Link Aadhaar with PAN using SMS: I-T dept

The Income Tax Department on Wednesday urged taxpayers to link their Aadhaar with their PAN, using an SMS-based facility.

New one rupee notes to be in circulation soon New one rupee notes to be in circulation soon

New one rupee notes with predominantly pink-green on obverse and reverse in combination with other colours will be soon put into circulation.

7th Pay Commission: E-CoS to take final call on allowances today, will it propose HRA hike of up to 178%? 7th Pay Commission: E-CoS to take final call on allowances today, will it propose HRA hike of up to 178%?

The Empowered Committee of Secretaries (E-CoS) set up to screen the Lavasa panel recommendations on allowances will finalised its final draft report today which will then later be placed before the Union Cabinet on Wednesday (June 1).

 

EPFO to invest Rs 20,000 crore in equities in 2017-18: Bandaru Dattatreya EPFO to invest Rs 20,000 crore in equities in 2017-18: Bandaru Dattatreya

Retirement fund body EPFO will invest Rs 20,000 crore in exchange traded funds this fiscal as it has decided to raise the investment limit in ETFs, Union Minister Bandaru Dattatreya said on Sunday.

EPFO: CBT rejects proposal to reduce PF contribution to 10% EPFO: CBT rejects proposal to reduce PF contribution to 10%

The Central Board of Trustees (CBT) of retirement fund body EPFO on Saturday turned down the proposal to reduce the mandatory contributions from workers and employers to 10 percent.

7th Pay Commission: PM Narendra Modi to personally intervene into issue of arrears and allowances 7th Pay Commission: PM Narendra Modi to personally intervene into issue of arrears and allowances

PM Modi would wait for the suggestions made by the E-CoS before personally intervening into the matter.

EPFO Pune meet on May 27, agenda to up equity exposure to 15%

Retirement savings manager EPFO will take up the matter of stepping up its investment in the stock market to up to 15 percent at its next meeting in Pune on Saturday.

EPFO may reduce PF Contributions to 10% EPFO may reduce PF Contributions to 10%

Presently, employees and employers contribute 12 percent of basic wages each towards Employees Provident Fund Scheme (EPF), Employee Pension Scheme (EPS) and Employee Deposit Linked Insurance Scheme (EDLI).

Delay in 7th CPC allowances: How much does it cost a government employee? Delay in 7th CPC allowances: How much does it cost a government employee?

As far as HRA is concerned, the central government employees are currently suffering a maximum monthly loss of Rs 33,000, due to non implementaion of revised allowances under the Seventh Pay Commission.

Atal Pension Yojana reaches 53 lakh subscribers Atal Pension Yojana reaches 53 lakh subscribers

Over 230 banks and the Department of India Post have been involved in the implementation of the government`s flagship social security scheme that focuses on encouraging and enabling the subscribers to save for their retirement.

Post-note ban 12.54 lakh PoS terminals added in Q4 Post-note ban 12.54 lakh PoS terminals added in Q4

Post the November 8 demonetisation measure, 12.54 lakh Point of Sale (PoS) terminals have been added during the fourth quarter of the last fiscal ended March to facilitate more digital transactions, the government has said.

Taxmann recognised as GST Suvidha Provider by Govt. of India Taxmann recognised as GST Suvidha Provider by Govt. of India

Leading publisher of tax and corporate laws in India Taxmann.com has announced its recognition as the Goods and Services Tax Suvidha Provider (GSP) by the Government of India.

7th Pay Commission: Update on allowances committee to be announced by June 1 7th Pay Commission: Update on allowances committee to be announced by June 1

Hundreds of lakhs of central government employees might heave a sigh of relief soon as media reports are pouring that the update on allowances as recommended by the 7th Pay Commission will be out by June 1.

NSE asks brokers to have in place insurance cover for FY18 NSE asks brokers to have in place insurance cover for FY18

Top stock exchange NSE has asked its brokers to ensure that their respective insurance cover is in order for current fiscal and submit the details of their policies in electronic format by July 31.

7th Pay Commission: Cabinet likely to take up E-CoS proposal on allowances today 7th Pay Commission: Cabinet likely to take up E-CoS proposal on allowances today

The long wait of central government employees and pensioners for allowances is about to end as the Narendra Modi government is expected to announce a maximum HRA hike of up to 122 percent for them soon.

 

GST from July 1: Know how the new tax regime will make these things cheaper GST from July 1: Know how the new tax regime will make these things cheaper

Know how GST, which is scheduled to be rolled out from July 1, will make several commodities including packaged cement, medicaments, smartphones and medical devices cheaper.

 

Paytm launches payments bank; offers 4% interest, cashbacks on deposits, zero fees on transactions, no minimum balance Paytm launches payments bank; offers 4% interest, cashbacks on deposits, zero fees on transactions, no minimum balance

Paytm is the third entity in the country to launch a payments bank after Airtel and India Post.

Paytm Payments Bank operations from today: All you need to know Paytm Payments Bank operations from today: All you need to know

Here are the key facts you need to know about the Paytm Payments Bank.