Does the bank deduct TDS on pension payments Most of the pensioner ask this question does the bank deduct TDS on Pension Payments ? Answer is Yes, banks in India are required to deduct TDS (Tax Deducted at Source) on pension payments made to individuals, including pensioners. The TDS rates applicable to pension payments depend… Read More »
Income Tax on Pension AY 2021-22 I Commuted Pension I Family Pension I CA Satbir Singh
Landmark decision taken in the first Cabinet meeting of the NDA Government offers pension coverage to crores of farmers Pension scheme to secure lives of 5 crore farmers in three years This scheme, in addition to PM-KISAN monetary support will ease economic burden and lead to greater efficiency Posted On: 31 MAY 2019 The Union… Read More »
नई 3000 रुपये प्रति माह पेंशन योजना New Rs 3000 per month pension scheme
Ministry of Labour & Employment EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App Posted On: 03 MAY 2018 12:48PM by PIB Delhi Employees’ Provident Fund Organisation (EPFO), which is providing a host of e-services for its stakeholders, has now introduced a new service through ‘UMANG app’. On clicking ‘View Passbook’ option, it requires PPO… Read More »
Pension not to be denied for non-submission of Life Certificate or non re-marriage certificate for want of Aadhaar or fingerprint authentication failure EPFO has issued a circular letter no. Pension-1/17(10)2016-17/Jeevan Pramaan/913 dated 09.04.2018 to all Pension Disbursing Banks, Director General, Postal Services regarding problems faced by Pensioners in submission of Life Certificate/non re-marriage certificate under EPS, 1995. As per… Read More »
Employee s Provident Fund Organisation Web Circulation No. CSD-l/CPGRAMS/Pragat/E-Samlksha/2016/1289 Dated: 01.11.2016 All Addl C.P.F.Cs (Zones ) All R.P.F.CS (In Charge) of Regional offices All R.P.F.CS (In Charge) of Sub-Regional Offices SUB: PAYMENT OF PF AND PENSION ON THE DATE OF RETIREMENT TO EPF AND EPS MEMBERS· PRAGATI REVIEW MEETING HELD ON 26.10.2016 -reg Sir/Madam, In… Read More »
Cabinet approves introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of India The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for introduction of Pension and Post-Retirement Medical Schemes as part of superannuation benefits for Employees of Food Corporation of… Read More »
Scheme for Payment of Pension to Government Pensioners by Authorised Banks Updated as on June 01, 2015 The Reserve Bank of India (the Reserve Bank) oversees disbursement of pension by its agency banks in respect of all Central Government Departments and some State Governments. In the process, it receives queries/complaints from pensioners in regard to… Read More »
Cabinet approves Revision of pension of BSNL Pensioners Removing Anomalies The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the revision of pension of BSNL pensioners and family pensioners, who retired prior to 10.06.2013 by allowing the benefit of merger of 50% DA/DR with Basic Pay/ Pension, effectively amounting to 78.2%… Read More »