Pension
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Pension alert! Govt allows invalid pension for soldiers with less than 10 years of service
India | Jul 15, 2020, 08:26 PM ISTThe Government has taken a decision to allow Invalid Pension to Armed Forces Personnel with less than 10 years of qualifying service. Invalid pension is granted to the Armed Forces Personnel who is invalided out of service on account of disability which is accepted as Neither Attributable to Nor aggravated (NANA) by Military Service.
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Odisha: Woman drags mother on cot after bank demands physical verification to withdraw pension money
India | Jun 15, 2020, 07:41 AM ISTIn an unfortunate incident, a video of a woman dragging her mother on a cot to a bank in Odisha's Nuapada district surfaced recently. The woman was seen dragging her 100-year-old mother on a cot to a bank to withdraw her pension money allegedly after the bank asked for physical verification.
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UP govt transfers over Rs 1,300 crore into bank account of pensioners
India | Jun 04, 2020, 07:18 PM ISTThe Uttar Pradesh government on Thursday transferred over Rs 1,300 crore into bank accounts of more than 86 lakh pensioners under the Pradhan Mantri Garib Kalyan package.
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Transgenders to get monthly pension in Jammu and Kashmir
India | May 28, 2020, 10:22 PM ISTTransgenders in J&K will get pension under the integrated social security scheme.
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Himachal govt pays 6-month advance pension to beneficiaries
India | May 14, 2020, 04:06 PM ISTAmid the lockdown over the coronavirus pandemic, the Himachal Pradesh government has provided a special relief to 5.69 lakh social security pensioners by making an advance payment of Rs 217.86 crore, officials said on Thursday.
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FACT CHECK: Is government planning to cut pension by 20 per cent?
Business | Apr 19, 2020, 03:27 PM ISTAmid the nationwide lockdown due to coronavirus pandemic, several rumours regarding pension cut have created panic among pensioners. Reports claimed that the central government has cut pensions by 20% in an effort to conserve cash during the lockdown surfaced on several social media platform.
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EPFO: Pension to be credited to 65 lakh accounts by March 30
Business | Mar 26, 2020, 11:19 PM ISTAs many as 65 lakh beneficiaries will receive pension by March 30 amid the coronavirus lockdown. The Retirement fund body EPFO directed its 135 field offices to ensure the payment of pension by the end of March.
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JNU pensioners to get February payment by next week
India | Mar 07, 2020, 11:32 AM ISTThe Jawaharlal Nehru University (JNU) on Saturday said the university pensioners will get the payment for February by next week, days after it said it will not be able to give the money as the University Grants Commission (UGC) has not given the funds.
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Disabled veterans receive Rs 100 as February pension; protests erupt against IT deduction
India | Mar 02, 2020, 10:43 PM ISTBanks have been asked by the Principal Controller of Defence Accounts (Pensions) to deduct income tax from the pensions of disabled soldiers. As per the clarification issued by the Central Board of Direct Taxes (CBDT) in June 2019, banks have cut pensions of disabled veterans for the month of February. The controversial move has sparked protest a protest amongst the affected veterans, some of whom have been credited with meager amounts as their monthly pensions.
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LIC Pension Plan Alert! This scheme can give you Rs 10,000 per month, but hurry up
Business | Feb 20, 2020, 04:47 PM ISTOld age comes with a number of problems and a monetary benefit can go a long way to help us in the twilight years. With this in mind Life Insurance Corporation of India (LIC), the country's largest insurer is offering a pension scheme that will give policyholders monthly monetary benefit.
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Govt employees ATTENTION! Modi cabinet makes BIG change in Pension Rules
Business | Feb 18, 2020, 08:23 PM IST7th Pay Commission latest news: Department of Pension and Pensioners’ Welfare has said that all Central Government employees whose selection for appointment was finalized before 01.01.2004 but who joined service on or after 01.01.2004, can now opt to be covered under the Central Civil Services (Pension) Rules, 1972 instead of the NPS (National Pension System).
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Pensioners, job starters, entrepreneurs to gain more from IT rate cut
Business | Feb 03, 2020, 12:20 AM ISTOpting for the new tax rates proposed in the budget could be beneficial for job-starters, pensioners, entrepreneurs and those taxpayers unable to claim available deductions and exemptions under the current tax structure, government sources said.
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Manohar Khattar's govt in Haryana raises social security pensions
India | Jan 03, 2020, 10:49 PM ISTHaryana Chief Minister Manohar Lal Khattar on Friday announced a hike of Rs 250 to Rs 2,250 in all social security and old-age pensions with effect from this month, putting an additional burden of about Rs 70 crore per month on the state exchequer. Presently, the social security pensions to 28 lakh beneficiaries cost Rs 514 crore per month to the state government.
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Will raise old-age pensions to Rs 5,000 if elected, says Delhi Congress
Dec 29, 2019, 07:57 PM ISTThe Delhi Congress on Sunday announced that it will raise old-age and other welfare pensions to Rs 5,000 if elected in the upcoming assembly polls.
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Pensioners under EPS-95 demand Rs 7,500 minimum pension
India | Dec 07, 2019, 11:04 PM ISTPensioners under the Employees' Pension Scheme 1995 from 27 states staged a protest at the Ramlila Maidan, on Saturday, to demand Rs 7,500 per month minimum pension.
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SC agrees to hear plea seeking pension, appointment for policemen dying on duty
India | Nov 06, 2019, 08:25 PM ISTA bench headed by Chief Justice Ranjan Gogoi posted the matter for hearing on November 13 after advocate M L Sharma, appearing on behalf of a widow of a police officer, mentioned the matter seeking urgent listing of the case saying that not treating a policeman's death similar to that of a government servant is injustice
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Now OCIs can also subscribe to National Pension System
Business | Oct 30, 2019, 03:21 PM ISTOverseas Citizens of India (OCI) will now be eligible to apply for the National Pension System at par with NRIs, the government said on Wednesday.
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7th Pay Commission: Central Government employees must know these key facts on pension; check details
Business | Jul 20, 2019, 05:23 PM IST7th pay commission: Pension plays a significant and crucial role in the sustenance of a government employee after his retirement. Here are some key facts on pension to keep government employees abreast with provisions of the pension before their retirement.
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KCR government doubles social security pension in Telangana
India | Jul 18, 2019, 07:04 AM ISTThe meeting, which ended Wednesday night, took the decision on increasing the pension to implement the poll promise of Telangana Rashtra Samithi (TRS).
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IL&FS case: NCLAT says pension/PF money to get priority in repayment
Business | Jul 12, 2019, 09:35 PM ISTThe funds will be on top of the priority list irrespective of which category an IL&FS group company belongs to, green, amber or red.