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GOVERNMENT
POLICY:
Private provident funds allowed to invest up to 15% in stocks
New investment guidelines to give more flexibility to trustees. New Delhi, Aug. 14 Private sector managed provident fund and superannuation trusts can now have greater exposure in the stock ...
POLICY:
Central Govt staff get pay hike as I-Day gift
Impact on Budget this year at Rs 15,717 cr. New Delhi, Aug. 14 The much-awaited bonanza for over five million Central Government employees to move into higher pay scales became a reality on Thursday, with the Union Cabinet approving the ...
HUMAN RESOURCES:
Pay hike impact on Govt to be less severe this time
New Delhi, Aug. 14 Will the Government’s pay hike bonanza to its over 4.5 million Central Government employees translate into higher consumer spending on goods, durables, cars or travel? While the industry is hopeful of increased ...
POLITICS:
Gorkha chief threatens ‘walkout’ on statehood demand
The Gorkha Janmukti Morcha (GJM) chief, Mr Bimal Gurung, has warned of a ‘walkout’ if the upcoming tripartite talks between the GJM, the Centre and the West Bengal Government do not focus on the Gorkhaland statehood ...
HUMAN RESOURCES:
‘Income-tax, provident fund collection to go up by Rs 3,700 cr annually’
Ahmedabad, Aug. 14 With the UPA Government accepting recommendations of the Sixth Pay Commission for the Central Government employees on Thursday, the treasury collection by way of income-tax and provident fund would go up by around Rs 3,700 ...
POLICY:
HC says ‘no’ to CEGAT order to club clearances of 3 factories for assessment
Chennai, Aug. 14 The Madras High Court has set aside a show-cause notice issued to a Hosur (Tamil Nadu)-based private company by the Customs, Excise, Gold (Control) Appellate Tribunal (CEGAT), South Zonal Bench, Chennai, to club the clearances ...
POLITICS:
Cabinet meeting
PEOPLE:
Sripathi is new Special Chief Secretary
Mr K.S. Sripathi has been appointed the Special Chief Secretary to Tamil Nadu Government with the responsibilities on part with that of the Chief Secretary. ...
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