Minimum employee contribution will remain at 10% as govt's contribution to National Pension Scheme (NPS) will increase to 14% of basic salary.Presently, the government and employees contribute 10 per cent of basic salary each to NPS. The Cabinet also allowed govt employees to commute 60% of the fund accumulated at the time of retirement, up from 40%.
from Times of India https://ift.tt/2SwOETJ
Featured Post
Jurgen Klopp calls for end to England's fixture mayhem
Liverpool manager Jurgen Klopp on Friday stepped up his calls to protect players from burn-out after claiming England's festive fixture ...
Recent Posts
- Jan 03 2020 | Read more
Sevilla gave Barcelona and Real Madrid the chance to pull further...
Jan 03 2020 | Read morefrom Latest Entertainment News, Movies News, Celebrity News,...
Jan 03 2020 | Read morefrom India News | Latest News Headlines & Live Updates from...
Jan 03 2020 | Read moreA man stabbed two people, one fatally, inside a restaurant during a...
Jan 03 2020 | Read moreFrench police shot dead a man near Paris on Friday after he went on a...
Jan 03 2020 | Read moreGlobal oil prices spiked 4% on Friday as tensions flared up in the...
Jan 03 2020 | Read moreThe targeted assassination of Iran’s Quds Force commander, Qassim...
Jan 03 2020 | Read more
0 comments:
Post a Comment