OLD PENSION SCHEME RESTORATION
Afforestation, dolphin revival show life returning to Ganga under Namami Gange: NMCG
The Namami Gange program has brought ecological revival to the Ganga river. Large-scale afforestation efforts have led to forest cover along the riverbanks. Key aquatic species, including the endangered Gangetic dolphin, are returning. Turtles, otters, and hilsa fish are also sighted, indicating improving river conditions. This progress is visible to local communities.
7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and more
The Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fund Organisation, it provides monthly pensions, family pensions, and disablement pensions.
PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?
Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns of up to 8.2%. Despite short-term volatility in indices like Nifty 100 and Nifty Midcap 150, small savings schemes provide a reliable option for conservative investors. Equities, however, offer superior long-term wealth creation potential for those with a higher risk tolerance and a longer investment horizon.
Psychology says reading old chats hurts after a breakup because your brain keeps returning to the version of love that once felt safe
Psychology does not suggest that people revisit old conversations because they are emotionally weak or incapable of moving forward. Human emotions and memories are far more nuanced than that. Research indicates that unresolved feelings, nostalgia, attachment styles, counterfactual thinking, and the mind’s natural desire for closure can all motivate people to reread messages from the past.
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do it
PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain attractive, especially for high-income earners, individual circumstances dictate the optimal decision. Understanding extension rules and recent changes is crucial for effective retirement planning.
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Karnataka minister MB Patil seeks restoration of Bengaluru–Shivamogga flights under UDAN
Karnataka Infrastructure Development Minister MB Patil has requested the Union government to reintroduce the Bengaluru-Shivamogga air route in the next UDAN bidding. This route is vital for the economic and tourism growth of central Karnataka and the Malnad region. Flight services were suspended recently. The minister seeks Viability Gap Funding to make the route commercially viable and resume operations.
WATCH: Cristiano Ronaldo squanders big chances in Portugal's 2-1 win over Nigeria in World Cup warm-up game
Portugal concluded their World Cup preparations with a 2-1 victory over Nigeria, despite Cristiano Ronaldo missing two clear scoring opportunities. Pedro Neto and Francisco Conceição netted for Portugal, while Akor Adams scored Nigeria's lone goal. Ronaldo is set to make history with his sixth World Cup appearance as Portugal prepare for their Group K opener against Congo.
Hero of the day from USA: Elderly woman gets second chance at life after police finds her 'unresponsive' in ocean
A 68-year-old woman was rescued from the ocean at New Smyrna Beach in Florida after being found floating face down and unresponsive on Saturday morning. Deputies who responded around 10:15 a.m. pulled her to shore with help from a bystander and immediately began CPR after discovering she had no pulse. She was successfully revived at the scene before being taken to a hospital in stable condition. Authorities credited quick-thinking beachgoers and deputies for the life-saving response.
Swiggy, Zomato, Uber asked to register gig workers by June 21: Report
App-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by June 21. This directive aims to provide social security benefits, including health insurance and pensions, to millions of workers. The government is creating a comprehensive database to formalize this segment of the economy.
PM has promised to keep word on statehood restoration: Farooq Abdullah
Prime Minister Narendra Modi has assured Jammu and Kashmir Chief Minister Omar Abdullah that he will fulfill the promise of restoring statehood to the region. National Conference president Farooq Abdullah confirmed the Prime Minister's commitment and stated the party awaits the Centre's action. The National Conference plans to protest in Delhi during the monsoon session to press for this demand.
Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWP
A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. An expert suggests gradually adding hybrid funds to reduce market volatility. The withdrawal amount will depend on investment duration, accumulated gains, income needs, and overall financial situation. Historical data suggests 5-6% annual withdrawals are sustainable over 10-15 years.
Retirement planning: 7 golden rules you must consider for easy retirement
Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability.
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when needed
Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This government-backed benefit protects families in case of an EPF member's death during service. Eligibility requires active EPF membership and employer contributions. Claims are processed by EPFO, with updated nominations expediting the procedure.
Govt employee missing for over 7 years; son denied compassionate job, loses case in HC for this reason
A son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana High Court. The court cited a rule stipulating that employees with less than seven years of service remaining at the time of disappearance are ineligible for such appointments, regardless of the presumption of death.
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capital
India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new measures. These aim to bring in more dollars and stabilize the rupee. The initiatives include special swap facilities and tax exemptions for foreign investors. These actions are designed to make Indian markets more appealing to overseas capital.
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revision
Retired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and increments to combat inflation. The association seeks improved allowances, welfare benefits, and retirement provisions.
FM Sitharaman discusses ways to boost growth with Bengal CM
The meeting, coming just over a month after the BJP stormed to power in West Bengal for the first time, also dwelt on improving the credit availability across various sectors in the state and bolstering the implementation of central government schemes there, the finance ministry said in a statement.
Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Mantri Jan Dhan Yojana ensures welfare benefits, insurance, and pensions reach citizens directly. This initiative has empowered Indians, with 56% of account holders being women. India leads globally in poverty reduction. Ninety-four percent of adults now possess bank accounts.
Free travel for women in KSRTC buses to cost Rs 712-1,300 cr annually, says Kerala Minister CP John
Kerala will introduce free bus travel for women on KSRTC buses from June 15. The scheme, a poll guarantee, will include transgender persons. State Transport Minister CP John stated the annual cost will range from Rs 712 crore to Rs 1,300 crore. John said details of the scheme would be announced by Chief Minister VD Satheesan after the Cabinet meeting on June 10. The government stated that it will provide the necessary subsidy.
France protests: Why are thousands people taking to the streets?
France Protests: A sea of people filled the streets of Fleurance under scorching afternoon heat for the march, which was attended by local representatives but, in line with the family's wishes, not by national politicians.
IAS body seeks tougher rewards for tough postings
The Central IAS Association has submitted recommendations to the 8th Central Pay Commission. They are seeking a review of policies regarding hard station postings and the new pension scheme. The association also wants a re-evaluation of how salary increases are determined. These recommendations come as the June 15 deadline for the 8th CPC approaches.
Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95
Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if their Employees' Provident Fund EPF balance is zero. Failing to do so can create gaps in pensionable service. This impacts future pension eligibility and the monthly pension amount.
8th Pay Commission salary hike: Why this employee body is recommending Rs 55,000 minimum basic pay to 8th CPC
The Jammu & Kashmir Employees' Federation has urged the 8th Pay Commission to implement a fitment factor of 3.05 and a minimum basic pay of Rs 55,000 for central government employees. Their proposal includes revising family units, merging dearness allowance, and adjusting for increased consumption costs to achieve this target.
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpus
NPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announced. PFRDA's revised regulations offer enhanced flexibility, allowing this option for smaller corpus amounts. This move aims to simplify withdrawals for eligible subscribers, particularly those not auto-migrating to Atal Pension Yojana.
8th Pay Commission latest news: J&K employee bodies seek fitment factor of 2.86–3.68, Rs 51,480 minimum basic pay
Employee bodies from Jammu & Kashmir have urged the 8th Pay Commission to adopt a fitment factor between 2.86 and 3.68, which could raise the minimum basic pay from Rs 18,000 to Rs 51,480–Rs 66,240. They also sought pension parity, DA merger, improved HRA, healthcare, tax relief, career progression, and special consideration for employees serving in remote, border and hardship areas.
EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistake
EPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family members can receive EPF, EPS, and EDLI benefits without delays. Failure to e-sign means the nomination won't be processed in case of the member's death.
Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27
Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing returns. As AY 2026-27 return filing gathers pace, pensioners must understand the correct tax treatment, deductions, TDS provisions and compliance reliefs available to avoid errors and unnecessary notices.
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