When you retire or leave from the company you were working in, you will see papers related to retirement benefits. You hear terms related to retirement benefits like PF, Pension, Gratuity and Superannuation etc. This post is an attempt to help our readers with the difference between the terms. Gratuity …
Provident Fund and Pension Scheme Provident fund consists of Employee contribution as well as Employer Contribution. Employee contribution goes entirely into PF fund while the Employer Contribution is split into PF component as well as pension component. Employee contribution 12 % of the Basic Salary given will be the normal employee contribution to …
Is Provident Fund Taxable? Provident Fund, though widely considered as tax exempted, there are certain cases where provident fund will be taxed. The best example is the retirement of an employee before 5 years of service. If the employee retires before 5 years of service, the provident fund on withdrawal …
The latest Infibeam Coupon is special in a certain way. Designed for Aam Aadmi which provides 10% discount upto Rs.2000, the coupon code is simple : MANGOPEOPLE. Details of Infibeam Aam Aadmi Offer – Additional Discount of 10% The offer is valid only on Infibeam.com until 15th November. Only those …
Every Management Professional is expected to be a highly motivated and spirited individual with deep passion for his/ her field. MBAs in Marketing, Finance and HR offer diverse challenges and opportunities. Here is a list of few books which is widely read by most management professionals. Must Read Books For Management …
Common Admission Test (CAT) 2012 has started. Around 2.14 lakh candidates registered for CAT this year, out of which 28% are females. The number of testing days this year is 21 days within the window from October 11 to November 6. Facts Regarding CAT 2012: The cities in which the highest …
(Excerpts from Prime Minister Manmohan Singh’s visionary statement at the Full Planning Commission Meeting) 12th Five Year Plan targets a faster, inclusive and sustainable growth. The target is 8.2% growth. The priority areas are the following: A rebound in the second half of the current year(2012-13) Implementation of infrastructure projects: This …
Indian export prospects are weak and the 12th Five Year Plan projects a current account deficit of 2.9 per cent of GDP. This must be financed mainly through FDI and FII flows, so that reliance on external debt is limited. But is it easy to attract FDI and FII? To …
We ended the Eleventh Plan with some notable achievements. The economy grew at an average annual rate of 7.9 percent. This is commendable for a period which saw two global crises – one in 2008 and another in 2011. Poverty declined twice as fast between 2004-05 and 2009-10 than it …
MGNREGA (Mahatma Gandhi National Rural Employment Guarantee) PMGSY (Pradhan Mantri Gram Sadak Yojana) IWDP (Intergrated Wasteland Development Project) National Rural Livelihoods Mission
8 years to be precise, from 2004 to 2012 – India has witnessed the UPA1 and UPA2 coalitions, and may see 2 more years of UPA government if the coalition partners and supporters from outside find it a safe-bet politically to support the government at center, which has been strangled …
PM D.Manmohan Singh has set up the Architecture for Cash Transfers – a move to improve targeting, reduce wastage and leakages and increase transparency. In a move to cut down wastage, duplication and leakages and enhance efficiency, the Prime Minister has given a major push to transfer individual benefits from the …
India’s heaviest Communication Satellite(3400 Kg). ISRO’s 101st space mission. Ariane-5 launch vehicle was used.(French Guyana). Carries 30 transponders as well as the GAGAN (GPS and GEO augmented navigation) system. It will provide Ku and C band relay capacity when it joins the INSAT (Indian National Satellite) system of geostationary spacecraft …
Government portal data.gov.in shares official data with the public. Data Portal India , is a platform for supporting Open Data initiative of Government of India. The portal is intended to be used by Government of Indian Ministries/ Departments to publish datasets, documents, services, tools and applications collected by them for public use. It …
Government of India proposes to start an initiative for free supply of Essential Medicines in Public Health Facilities in the country aiming to provide affordable health care to the people by reducing out of pocket expenses of medicines. This initiative will promote rational use of medicines and reduce the consumption …
Chaudhary Charan Singh Airport Lucknow Lal Bhadur Shastri Airport Varanasi Tiruchirapalli Mangalore Coimbatore.
FDI in Pension FDI in Insurance Computerization of PDS Computerization of ICDS ( Integrated Child Development Services) Doubling Hospital Risk Allowance Competition Act Companies Act Wildlife Act Amendments Approval of Forward Contract.
A day after the launch of Prithvi-II, India successfully test-fired nuclear-capable Dhanush ballistic missile for its full range of 350 km from a naval ship off Odisha.
PMO statement on UPA chairperson’s travel expenses is as below: Media reports quoting certain quarters about massive expenses from the Exchequer on UPA Chairperson’s Overseas visits have been brought to the notice of the Prime Minister’s Office. The reports quoting an expense of Rs. 1880 crore are untrue and misleading.The …
The Right To Information Act 2005 Proposed Steps/Bills for curbing corruption and enhancing transparency The Whistle-blowers Protection Bill The Time-bound Delivery of Goods and Services and Redressal of Grievances Bill(Citizens Charter Bill). Electronic Delivery of Services Bill. National Data Sharing and Accessibility Policy. Initiative to facilitate direct cash transfer of government benefits to public …