Finance Ministry Bars EPFO From Announcing Interest Rates Without Approval
The Finance Ministry has barred the Employees’ Provident Fund Organisation (EPFO) from announcing interest rates without prior approval.
finance ministry
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Govt Mulls New NPS Model That Guarantees 40-50% Of An Employee’s Salary: Report
The new pension plan may replicate the Andhra Pradesh model, where the employees get guaranteed 40-50 per cent of their last drawn basic salary as a pension.
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Central Govt Pensioners To Get 4% Higher DR: Know Who Are Eligible, When They Will Receive It?
The Finance Ministry had declared a 4 per cent hike in dearness relief (DR) from 42 per cent to 46 per cent for the central government pensioners, effective July 1, 2023.