Witnessing the universal spread of N Covid-19 or Coronavirus, as people call it, the Indian government has started to ramp up efforts to contain the spread of this disease. On 26 March 2020, Nirmala Sitharaman, the Union Finance Minister of India announced a Gareeb Kalyan Yojana with a budget of Rs. 1.7 Lakh Crore in…
In her maiden budget speech, the finance minister, Nirmala Sitharaman, while presenting Union Budget 2019, has announced for a number of changes to the National Pension System (NPS) scheme. National Pension System is a government-backed pension scheme which voluntarily pools resources and invests in various securities including equity, corporate bonds and government bonds. Here is…
The Central Government has decided to pay for the employer’s contribution towards EPF and EPS accounts of the members to boost job creation in the formal sector under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY). However, this facility can be availed for only three years by the employers. Even if an employee changes his job,…
