pension

File image used for representational purpose only. | Photo Credit: Reuters India's first-ever issuance of 50-year government bonds and 30-year green bonds can be easily absorbed by insurance companies and provident funds, which are keen…

The authorisation entitles the bank to disburse pensions to various departments. The bank will soon be integrating with the office of CPAO, Ministry of Finance, to operationalise the disbursement processPrivate sector lender Bandhan Bank on…

The National Pension System Trust (NPS Trust), responsible for managing funds under the National Pension System (NPS), announced on Tuesday that it has launched a ‘user-friendly’ mobile application to allow users to handle their accounts…

The EPFO is country's principal organization responsible for providing social security benefits to the organized/semi-organized sector workforce covered under the statute of EPF & MP Act, 1952. (File photo)The minister said that EPFO…

The deadline has already been extended three times after March 3.Before 2014, employees had the option to choose a higher EPS, but after an amendment that was released in 2014, the pension contribution cap was set at 8.33%. The…

There are many areas where the British economy struggles to compete with its counterparts, but in one sector it is up there with the best in the world: finance.And when it comes to finance, there is perhaps one event above all…

The FTSE-100 water group United Utilities (UU) has struck a £1.8bn deal to offload a chunk of its pension liabilities amid unprecedented scrutiny on the industry's financial resilience.Sky News has learnt that UU, which has…

Tier 1 NPS accounts are default accounts for retirement savings. If you withdraw money from a Tier 2 NPS account, you are not liable for tax exemption. The National Pension Scheme (NPS) is a voluntary retirement scheme that allows…

Australia’s fourth largest pension fund UniSuper on Monday decided to cut its ties with the  Australian arm of PwC in the aftermath of the accounting firm leaking critical government tax plans, which first surfaced in January.  In a…

Gratuity received by individuals is generally tax-free, although the policy may vary depending on the type of employment.Gifts received at weddings are exempted from taxes. In India, the Income Tax Department imposes taxes on various…