Chief Minister M.K. Stalin hands over orders for providing a monthly pension of ₹12,000 to 42 retired journalists | Photo Credit: Special Arrangement A total of 3,674 journalists has been enrolled as members in the Journalist Welfare Board and funds to the tune of ₹8.56 lakh has been granted for the welfare of over 80 … Read more
Intensifying its probe into the pension fund fraud in Kottayam municipality, the Vigilance and Anti-Corruption Bureau (VACB) on Wednesday brought Akhil C. Varghese, the accused in the case, to the Kottayam municipal office for evidence collection. The team collected documents and email information that Akhil, a former clerk at the civic body here, used to … Read more
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Finance Ministry on Monday (June 23, 2025) extended the cut-off date for exercising options under the Unified Pension Scheme (UPS) by three months till September 30. Earlier, eligible government employees, retirees, and spouses of deceased retirees were given three-month time up … Read more
Union Finance Minister Nirmala Sitharaman will present the new Income Tax Bill 2025 in the Lok Sabha today. This bill, designed to make tax regulations more accessible to the general public, will replace the existing Income Tax Act of 1961. The bill will then be referred to the Parliamentary Standing Committee on Finance, which will … Read more
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The Union Finance Ministry has issued a directive to banks that central government pensioners should receive their pensions by the last working day of each month, with specific provisions for March payments. The ministry clarified that the notification has been issued to ensure timely disbursement of pensions and family pensions. The Ministry issued an … Read more
There are five major components of the UPS benefits, starting with the assurance that government employees will receive half of their average basic pay drawn over their final 12 months in service prior to retirement, as a monthly pension for life. | Photo Credit: Getty Images/iStockphoto The story so far: Last weekend, the Union Cabinet … Read more
G. Kishan Reddy | Photo Credit: RAMAKRISHNA G Telangana BJP president and Union Minister for Coal and Mines G. Kishan Reddy has termed the discussion and resolution in the Legislative Assembly against the union Budget as “blackmail” and said it is only a ruse to cover up for the Congress government’s own “administrative failures” by … Read more
With the 2024 Budget approaching, the government has received a proposal to establish the 8th Pay Commission. This commission would review the basic pay, allowances, pension, and other benefits for central government employees and pensioners. Shiv Gopal Mishra, Secretary of the National Council (staff side, Joint Consultative Machinery for central government employees), wrote to the … Read more
1 hour ago Claire Ellison,BBC News Society team BBC Sam Hodkinson needs a pension payment soon, after retiring because of ill-health A former police officer who retired early because of breast cancer and is owed extra pension, says she fears she may not live to see the money paid out. Sam Hodkinson is one of … Read more