pension
In a major decision, the (EPFO's apex decision-making body) Central Board of Trustees (CBT) in a meeting held at Hyderabad on August 21, 2019, approved proposal to recommend for amendment in EPS-95 for restoration of commuted value of pension to pensioners after 15 years of drawing commutation, which will benefit about 6.3 lakh pensioners, according to a statement by the EPFO.
EPFO approves changes in Employees' Pension Scheme to restore commutation of pension
22 Aug 2019 6:48 PM

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009.

Such investments give an opportunity to infrastructure developers to monetize part of their holdings and free up capital for funding greenfield infrastructure development and deleveraging.
PE/VC infra deals this year beat 7-year total
20 Aug 2019 2:48 AM

The infrastructure has been witnessing the private equity and venture capital investments going up since 2012.

MTNL said that the company is trying to pay at least one month's salary by the end of this week.
MTNL employees stage protest for non-payment of salary, pension
06 Aug 2019 9:58 AM

Around 8,000 employees of MTNL staged protest demanding the immediate release of the salary.

In the Budget 2019, contribution to NPS increased from 10 per cent to 14 per cent for Central government employees.
Govt denies possibility of reintroduction of Old Pension Scheme
16 Jul 2019 1:03 PM

In 2004, government introduced National Pension Scheme (NPS) and made mandatory for all Central government employees.

pension benefit will be extended to around three crore retail traders and shopkeepers with an annual turnover less than 1.5 crores. (Photo: DC)
Budget 2019: Pension benefit to be extended to around 3 cr retail traders
05 Jul 2019 1:15 PM

Rs 350 crore allocated for 2 per cent interest subvention for all GST-registered MSMEs on fresh or incremental loans.

A committee had earlier recommended increase of the minimum monthly member pension.
Consultation on for increasing minimum pension: Gangwar to LS
24 Jun 2019 3:08 PM

Increase in minimum pension for employees affiliated to EPF to Rs 2000 will cost the govt Rs 4,671 cr and Rs 11696 cr if hiked to Rs 3000.

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