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money matters
EPFO settles 10.53 lakh PF claims in May EPFO settles 10.53 lakh PF claims in May
Retirement fund body EPFO settled 10.53 lakh claims like PF withdrawals in May, of which 86 percent were disposed of within 10 days of receipt of application.
Higher rent, transport allowance in 29 cities Higher rent, transport allowance in 29 cities
The salaried staff in 23 cities, notably employees of the government and state-run companies, stand to gain in terms of their house rent allowance after an upgrade of their places of stay based on Census 2011. Six cities have been upgraded for travel allowance.
Unions question TDS on PF withdrawals, want order on hold Unions question TDS on PF withdrawals, want order on hold
Opposing the government's decision to deduct tax at source on pre-mature PF withdrawals, trade unions on Friday said they will ask the Labour Ministry to put the EPFO order in this regard on hold.
Revamped CPSE ETF by October; EPFO, NPS to park fund Revamped CPSE ETF by October; EPFO, NPS to park fund
The Finance Ministry is planning to launch a revamped and retail investor-friendly CPSE Exchange Traded Fund (ETF) by October in which cash rich EPFO and NPS could park their money along with individual investors.
No LTC in case of posting in home town No LTC in case of posting in home town
Government employees whose headquarters or place of posting and home town are one and the same are not eligible for home town LTC.
Peerless MF relaunches Child Plan as 3 in 1 Fund Peerless MF relaunches Child Plan as 3 in 1 Fund
The Fund is an open-ended hybrid scheme which invests in debt, gold ETFs and equity in a manner that optimises risk.
LICs market share slips below 70% in FY15 LICs market share slips below 70% in FY15
Country's largest life insurer LIC Monday said its market share in terms of new premium income slipped to 69.21 percent in FY 2015 from 75 percent a year ago, as the corporation had to stop selling Ulip products and discontinue a host of other products in new regulatory regime.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Key Highlights Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Key Highlights
Pradhan Mantri Jeevan Jyoti Bima Yojana will be a one year cover, renewable from year to year, Insurance Scheme offering life insurance cover for death due to any reason.
Pradhan Mantri Suraksha Bima Yojana: Key facts Pradhan Mantri Suraksha Bima Yojana: Key facts
Pradhan Mantri Suraksha Bima Yojana will be available to people in age group 18 to 70 years with bank account.
Atal Pension Yojana: All you need to know Atal Pension Yojana: All you need to know
Fixed pension for the subscribers ranging between Rs 1000 to Rs 5000, if he joins and contributes between the age of 18 years and 40 years.
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