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.
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.
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.
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 is the third entity in the country to launch a payments bank after Airtel and India Post.
Here are the key facts you need to know about the Paytm Payments Bank.
The Empowered Committee of Secretaries (E-CoS) set up to screen the 7th Central Pay Commission (CPC) recommendations on allowances will place the proposal before the Cabinet on this Wednesday.
Know the changes in the recommendations of the Seventh Central Pay Commission in respect of both defence and civil pay matrix and Index of Rationalisation (IOR).
Central government employees will have to wait next week to get the update on higher allowances recommended by the 7th Pay Commission.
Implementation of government's decision on the recommendations of the Seventh Central Pay Commission -Revision of pension of pre 2016 pensioners/family pensioners, etc.
Under the new rates, which are effective from May 16, the rate of home loans under Rs 30 lakh by salaried borrowers has been cut by 0.30 percent to 8.35 percent.
Following implementation of the new pay scale the employees — both state government and contractual school teachers will get 2.57 times of his/her basic pay plus grade pay that he/she was getting on 1 January 2016.
The minimum pension with effect from January 2016 will be Rs 9,000/-per month (excluding the element of additional pension to old pensioners) while the upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay in the government (the highest pay in the government is Rs 2,50,000 with effect from January 2016).
After months of delay, Paytm is now all set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India (RBI).
Retirement fund manager EPFO has reduced the stipulated period for settlement of various claims such PF withdrawal, pension and insurance to 10 days from 20 at present.
Personal income tax return filing has gone up post-demonetisationdue to ownership of unanimous money being identified, Finance Minister Arun Jaitley said on Tuesday.
Around 4.5 lakh Bihar government's employees and 3.5 lakh pensioners are likely to get 14 percent hike in salaries after implementation of Bihar state Pay Commission report.
Labour Minister Bandaru Dattatreya on Monday said the board of retirement fund body EPFO will deliberate on raising investment limit in exchange traded funds (ETFs) to 15 per cent at its meeting later this month.
Pureplay mortage player HDFC on Monday followed suit of its rivals and lowered new low-cost home loan prices by 15 bps to 8.35 percent for women borrowers and by 10 bps for men, thereby matching the rates offered by SBI last week and ICICI Bank earlier in the day.