EPF Beneficiaries in the Country As on 31.03.2012, total number of beneficiaries under Employees’ Pension Scheme 1995 are 41.03 lakhs and the amount of pension paid to these pensioners by the Employees’ Provident Fund Organisation (EPFO) is Rs. 4475.45 crores. A proposal of the Pension Implementation Committee (PIC), a sub-Committee of the Central Board of […]
PIB NEWS
No Comparison between pay Structure of Central Government Employees and of Bank Employees
No Comparison between pay Structure of Central Government Employees and of Bank Employees The pay scales of employees in Public Sector Banks (PSBs) are determined as per the agreement between the management and Associations/Unions every five years. Besides the pay, employees in banks are also entitled to a number of other allowances and benefits. The […]
Rajiv Gandhi Equity Savings Scheme (RGESS)
Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The Union Finance Minister Shri P. Chidambaram approved a new tax saving scheme called “Rajiv Gandhi Equity Saving Scheme“(RGESS),exclusively for the first time retail investors in Securities Market. This Scheme would give tax benefits to new investors who invest up to […]
UIDAI launches Public Data Portal for Aadhaar
UIDAI launches Public Data Portal for Aadhaar The Unique Identification Authority of India (UIDAI) has launched its ‘Public Data Portal’ (data.uidai.gov.in) for the Aadhaar project in line with the National Data Sharing & Accessibility Policy (NSDAP) 2012. The portal will enable the public to access several anonymised datasets generated in the UIDAI ecosystem. The public […]
Air India to Pay Up-to-Date Salary to its Employees before Diwali
Air India to Pay Up-to-Date Salary to its Employees before Diwali On the direction from Union Minister of Civil Aviation Shri Ajit Singh, Air India has decided to clear payment of salary to all its employees for the months of September and October 2012 before Diwali. It will also make up-to-date payment of PLI for […]