May 23, 2015 - India ITR

Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995

Provident Fund (PF)By Himanshi May 23, 2015

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year 2014-15 on perpetual basis. Currently, it is effective only upto March, 2015. The Cabinet also approved…

Draft Gold Monetization Scheme – Tax Free

Gold Monetization Bank Account, Govt. SchemesBy Himanshi May 23, 2015

Objectives To mobilize the gold held by households and institutions in the country. To provide a fillip to the gems and jewellery sector in the country by making gold available as raw material on loan from the banks. To be able to reduce reliance on import of gold over time to meet the domestic demand.…