Rajasthan Chief Minister Ashok Gehlot has said that his party will compel the Centre to implement the Old Pension Scheme (OPS) in the country.
Under the previous taxation system, senior citizens who earn up to Rs. 3 lakh per year are exempted to pay income tax. However, the new regime stipulates that senior citizens will only be exempt from income tax if their annual income is less than Rs. 2.5 lakh.
The Ministry of Finance on Thursday set up a committee to review the pension system for the government employees.
A large group of at least 10,000 farmers and tribals are marching towards Mumbai from Maharashtra's Nashik district. A drone footage showed the group moving towards Mumbai from Kasara Ghat
Maharashtra protest: According to reports, the agitation has affected the smooth functioning of government hospitals and offices.
Chief Minister Eknath Shinde discussed the matter with several employees organisations who have gone on strike demanding the Old Pension Scheme. The Chief Minister said that the general public should not face any problems and urged them to take back their strike and find a solution through dialogue.
Mumbai: The Maharashtra State Government Employees Federation has stressed that the strike will continue until the government accepts their demands.
The NPS programme gives investors the chance to purchase annuity plans from insurance providers appointed by PFRDA.
National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format set by the Pension Fund Regulatory and Development Authority (PFRDA).
Old Pension Scheme: NITI Aayog Vice Chairman Suman Bery also underlined the need for enhancing capital expenditure and creating a space for the private sector through fiscal consolidation.
Gujarat Assembly elections: With effect from April 1, 2019, the government decided to contribute 14% of the employee's salary and deferred compensation under the Center's plan, compared to the employee's 10% contribution.
The portal is designed to streamline the disbursement of pension to the state government employees who retire from services.
The first digital payment was made under the programme on the day, Delhi Social Welfare Minister Rajendra Pal Gautam said.
Uttar Pradesh CM Yogi Adityanath on Friday announced a monthly pension of Rs 4,000 under the Mukhyamantri Bal Seva Yojana.
Union minister Jitendra Singh on Wednesday said that the government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement of an employee in view of the COVID-19 situation.
All major allowances are proposed to be revised upward, with rationalisation in certain allowances, as per the recommendations of the sixth pay commission.
In a welcome development for those availing family pensions, the Centre has raised the upper ceiling from Rs 45,000 to Rs 1.25 lakh per month, Union Minister Jitendra Singh announced on Friday.
A child or sibling of a deceased government servant or pensioner, who is suffering from a mental or physical disability, shall be eligible for family pension for life.
Retired employees of Air India have said that the absence of pensions is causing them hardship.
The Delhi High Court on Monday directed the North Delhi Municipal Corporation to release the pension of its retired employees payable for the month of April 2020, by the end of August 2020.
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