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'Stable Investment Climate': Canadian Pension Funds Look To Invest In India
Canadian pensions funds would be keen to explore investing in infrastructure funds in India as the country offers a stable investment climate, Finance Minister Chrystia Freeland said on Sunday, according to an Indian government statement.
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NTPC To Sell 20% Stake In Green Energy Business: Report
The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield.
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Landmark Win For 32 Former Women Air Force Officers, Will Get Full Pension
In a landmark judgement by the Supreme Court, 32 women who have been fighting for the right to serve the Indian Air Force for more than their Short Service Commission tenure of five years have been granted full pension.
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Army Disability Pension Only If Injury Is Linked To Service: Supreme Court
The Supreme Court has said army personnel will be entitled to disability pension only if the disability is attributable to military service or was aggravated by such service and if such condition is more than 20 per cent.
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No Rank, No Pension, Don't Take Agnipareeksha: Rahul Gandhi On Army Plan
Amid protests against the Centre's Agnipath scheme, Rahul Gandhi today urged PM Modi to listen to the voice of unemployed youths and don't take 'agnipareeksha (trial by fire)' of their patience by making them walk on 'Agnipath'.
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Agnipath: 5 Points On Concerns Around Centre's Ambitious Scheme
The Centre on Tuesday unveiled the 'Agnipath' scheme, a radical recruitment plan for armed forces aimed at cutting down salary and pension bills. But after the announcement, voices are being raised about the scheme.
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Indian Cricketers Association Welcomes BCCI's Decision To Increase Pension Of Former Players
Indian Cricketers Association (ICA) on Tuesday expressed their "immense gratitude" towards BCCI for increasing the pension of former Test and first-class cricketers along with retired umpires.
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One Of Oldest Ex-Rail Guards Turns 100, To Get Double Pension
Keshav Narhar Bapat, one of the oldest living retired railway guards, has turned 100. After a stint in the Army, Mr Bapat, a resident of Bhusawal in Maharashtra, joined the Great Indian Peninsular Railway (GIPR), now called as the Central Railway, in 1951 and retired around 42 years back.
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Former Players "Can't Wait Forever": Indian Cricketers' Association Chief Asks BCCI To Act On Demands
Some of the demands are pension for former players who have played less than 25 first-class games, pension for widows of former cricketers and increase in medical insurance from Rs 5 lakh to 10 lakh.
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Senior Official From India, Appointed By UN Secretary General, Resigns
A senior official from India has resigned from his position of Representative of the UN Secretary-General for the investment of the assets of the United Nations Joint Staff Pension Fund.
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Railways Demands Setting Up Pension Fund To Deal With Rs 50,000 Crore Burden
Chairman Railway Board V.K. Yadav said, "About 25 per cent of the railways' earnings goes into paying the pensions to the former railway employees."
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Retired Officer Sues Ex-Adjutant General Over Disability Pension Remark
An ex-serviceman on Wednesday sent a legal notice to former adjutant general of the Indian Army Ashwani Kumar over his "disparaging" remarks about disability pensioners.
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Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
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War Veterans' Outfit Writes To Army Over Move To Tax Disability Pension
A city-based organisation of war disabled and battle casualties has taken strong exception to the Army's endorsement of a government move to tax the disability pension, saying any "discrimination or invidious distinction" while making an official statement, affects the morale of the entire military community.
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Army Backs Plan To Tax Disability Pension, Says Not For "Tax Exemption"
In a circular issued June 24, the Central Board of Direct Taxes said pensions drawn by personnel who retired under normal circumstances would be taxed. It also clarified that disability pensions, which are additional payments, measured by rank, made to personnel who suffer disabling injuries in the line of duty, would remain tax free
-
'Stable Investment Climate': Canadian Pension Funds Look To Invest In India
Canadian pensions funds would be keen to explore investing in infrastructure funds in India as the country offers a stable investment climate, Finance Minister Chrystia Freeland said on Sunday, according to an Indian government statement.
-
NTPC To Sell 20% Stake In Green Energy Business: Report
The deal marks the first green transaction by an Indian state company, which has drawn interest from investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield.
-
Landmark Win For 32 Former Women Air Force Officers, Will Get Full Pension
In a landmark judgement by the Supreme Court, 32 women who have been fighting for the right to serve the Indian Air Force for more than their Short Service Commission tenure of five years have been granted full pension.
-
Army Disability Pension Only If Injury Is Linked To Service: Supreme Court
The Supreme Court has said army personnel will be entitled to disability pension only if the disability is attributable to military service or was aggravated by such service and if such condition is more than 20 per cent.
-
No Rank, No Pension, Don't Take Agnipareeksha: Rahul Gandhi On Army Plan
Amid protests against the Centre's Agnipath scheme, Rahul Gandhi today urged PM Modi to listen to the voice of unemployed youths and don't take 'agnipareeksha (trial by fire)' of their patience by making them walk on 'Agnipath'.
-
Agnipath: 5 Points On Concerns Around Centre's Ambitious Scheme
The Centre on Tuesday unveiled the 'Agnipath' scheme, a radical recruitment plan for armed forces aimed at cutting down salary and pension bills. But after the announcement, voices are being raised about the scheme.
-
Indian Cricketers Association Welcomes BCCI's Decision To Increase Pension Of Former Players
Indian Cricketers Association (ICA) on Tuesday expressed their "immense gratitude" towards BCCI for increasing the pension of former Test and first-class cricketers along with retired umpires.
-
One Of Oldest Ex-Rail Guards Turns 100, To Get Double Pension
Keshav Narhar Bapat, one of the oldest living retired railway guards, has turned 100. After a stint in the Army, Mr Bapat, a resident of Bhusawal in Maharashtra, joined the Great Indian Peninsular Railway (GIPR), now called as the Central Railway, in 1951 and retired around 42 years back.
-
Former Players "Can't Wait Forever": Indian Cricketers' Association Chief Asks BCCI To Act On Demands
Some of the demands are pension for former players who have played less than 25 first-class games, pension for widows of former cricketers and increase in medical insurance from Rs 5 lakh to 10 lakh.
-
Senior Official From India, Appointed By UN Secretary General, Resigns
A senior official from India has resigned from his position of Representative of the UN Secretary-General for the investment of the assets of the United Nations Joint Staff Pension Fund.
-
Railways Demands Setting Up Pension Fund To Deal With Rs 50,000 Crore Burden
Chairman Railway Board V.K. Yadav said, "About 25 per cent of the railways' earnings goes into paying the pensions to the former railway employees."
-
Retired Officer Sues Ex-Adjutant General Over Disability Pension Remark
An ex-serviceman on Wednesday sent a legal notice to former adjutant general of the Indian Army Ashwani Kumar over his "disparaging" remarks about disability pensioners.
-
Financial Surplus Of Indian Households Falling Since 2017-18: RBI Report
Among household assets, the share of insurance and pension funds have gradually increased, indicative of the growing risk appetite and portfolio diversification.
-
War Veterans' Outfit Writes To Army Over Move To Tax Disability Pension
A city-based organisation of war disabled and battle casualties has taken strong exception to the Army's endorsement of a government move to tax the disability pension, saying any "discrimination or invidious distinction" while making an official statement, affects the morale of the entire military community.
-
Army Backs Plan To Tax Disability Pension, Says Not For "Tax Exemption"
In a circular issued June 24, the Central Board of Direct Taxes said pensions drawn by personnel who retired under normal circumstances would be taxed. It also clarified that disability pensions, which are additional payments, measured by rank, made to personnel who suffer disabling injuries in the line of duty, would remain tax free
