Old pension scheme will put burden of ₹1.10 lakh crore on exchequer, Maharashtra govt won’t revert to it: Fadnavis

Old pension scheme will put burden of ₹1.10 lakh crore on exchequer, Maharashtra govt won’t revert to it: Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis. File | Photo Credit: PTI Maharashtra Deputy Chief Minister Devendra Fadnavis on Wednesday said the government will not revert to the old pension scheme as it would put a burden of ₹1.10 lakh crore on the exchequer and lead to bankruptcy of the state. Replying to a question in … Read more

Amid pleas for higher pension, EPFO staff ask head office for guidelines on Supreme Court order

Amid pleas for higher pension, EPFO staff ask head office for guidelines on Supreme Court order

Employees’ Provident Fund Organisation headquarters in New Delhi. File | Photo Credit: KAMAL NARANG Without any guidelines to implement the recent Supreme Court order on higher Provident Fund (PF) pension, the staff in various offices of the Employees’ Provident Fund Organisation (EPFO) have asked their head office for a “direction” to address the queries from thousands … Read more

Morning Digest | Agitating lawyers meet CJI over proposed transfers of HC judges; no more Air Suvidha form for international arrivals, and more

Morning Digest | Agitating lawyers meet CJI over proposed transfers of HC judges; no more Air Suvidha form for international arrivals, and more

Chief Justice of India D.Y. Chandrachud met Gujarat and Telangana lawyers on Monday over the Collegium’s proposed transfers of their High Court judges. File picture. | Photo Credit: PTI Chief Justice of India, Collegium judges meet protesting Gujarat, Telangana High Courts’ lawyers over proposed transfers of their HC judges Chief Justice of India D.Y. Chandrachud, … Read more

Those targeting Rahul Gandhi should explain why Savarkar got pension from British, says Maha Cong chief

Those targeting Rahul Gandhi should explain why Savarkar got pension from British, says Maha Cong chief

Maharashtra Congress President Nana Patole | File Photo | Photo Credit: The Hindu Maharashtra Congress president Nana Patole on Saturday said those criticising party leader Rahul Gandhi for his remarks on V.D. Savarkar, should first explain why the Hindutva ideologue was getting ₹60 pension from the British. Mr. Gandhi has kicked up a row with … Read more

Supreme Court asks government to grant pension to 32 women IAF officers

Supreme Court asks government to grant pension to 32 women IAF officers

Indian Air Force women officers. File | Photo Credit: R.V. Moorthy The Supreme Court, in a significant order on Wednesday, ordered the government to grant pension to women officers who fought for 12 years to get reinstatement and permanent commission in the Indian Air Force (IAF). A Bench led by Chief Justice of India D.Y. … Read more

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’

The dispute primarily concerned the controversial amendments made to paragraph 11 of the Employees Pension Scheme (EPS) of 1995. The dispute primarily concerned the controversial amendments made to paragraph 11 of the Employees Pension Scheme (EPS) of 1995. The Supreme Court on Friday, November 4, 2022, upheld the Employees’ Pension (Amendment) Scheme, 2014 as “legal … Read more

States giving away freebies is a matter of concern: SBI report

States giving away freebies is a matter of concern: SBI report

Indian states‘ offer of ‘economically unsustainable’ sops like farm loan waivers, and restoring old pension systems is a matter of concern, SBI Research wrote in a report dated April 18. “Telangana has committed 35% of revenue receipts of the state to finance the several populist schemes. In terms of percentage of states’ own tax revenue … Read more