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15 December, 2018 1:00 PM SBI Offers These Types Of Zero Balance Savings Accounts

SBI's zero balance savings account does not require customers to maintain any particular minimum average balance. State Bank of India (SBI) offers the option of opening a zero balance savings account in order to encourage people to make investments. Zero balance accounts are saving accounts where average monthly balance (AMB) rule is not applicable 71

3 December, 2018 8:17 AM Coal scam: Order on quantum of punishment to ex secy Gupta, 5 others on December 5

A Delhi court on Monday said it would pronounce on December 5 its order on the sentencing of former coal secretary H C Gupta and five others convicted for irregularities in the allotment of coal blocks to a private firm in West Bengal. Special Judge Bharat Parashar concluded hearing on arguments on the quantum of punishment. The CBI sought a maximum 40

29 November, 2018 3:46 PM Lodha may raise Rs 700 cr from Canadian fund CDPQ for township project Palava City

Realty major Lodha Developers is likely to raise Rs 700 crore from Canadian pension fund CDPQ for the development of its ongoing 4,500-acre integrated township 'Palava City' near Mumbai, according to sources. The talks are in advance stages and the deal is likely to be concluded soon, they added. Mumbai-based Lodha Developers, which aims to launch an over Rs 5,000 crore 62

23 November, 2018 5:30 AM ESIC payroll data suggest 1.6 cr new jobs created in 13 months till September: CSO report

Employees State Insurance Corporation (ESIC) data suggest that 1.6 crore jobs were created during 13 months period till September, according to CSO data. Meanwhile, new subscribers joining its health insurance scheme (ESI) dipped 5.2 per cent to 11.51 lakh in September. As many as 12.14 lakh new member had joined the Employees' State Insurance Scheme 64

21 November, 2018 4:52 PM Investing In Atal Pension Scheme (APY)? Here's How Much Contribution You Need To Make

Subscribing to the Atal pension scheme (APY) at an early age minimises the contribution required to reach the desired monthly pension, say experts. Atal Pension Yojana (APY) is a pension scheme focused on the unorganised sector. The pension scheme - Atal Pension Yojana - allows persons between 18 and 40 years of age to invest for up to 20 years to earn a fixed 73

20 November, 2018 5:26 AM PFRDA conducts valuation to weigh up doubling of pension limit to 10K

New Delhi: Pension fund regulator PFRDA is doing actuarial valuation of its portfolio to gauge the feasibility of raising the pension limit to up to Rs 10,000 per month under the Atal Pension Yojana (APY), a top official said. A proposal was made in the past to raise the pension under APY to double the limit from the existing slab of up to Rs 5,000. "Since 108

15 November, 2018 4:39 PM Other regulators need to play active role for REITs, InvITs growth: Ajay Tyagi

Further, the regulator is hopeful that changes made to the regulatory and tax framework for REITs and InvITs may show positive results going forward. Pitching for paying adequate attention to the development of REITs and InvITs, SEBI chief Ajay Tyagi said other regulators including those for insurance, pension and provident funds need to play active 66

27 October, 2018 12:35 PM Out of power, Rahul Gandhi forced to remember soldiers: BJP

BJP media head Anil Baluni said Gandhi was seen "standing with the corrupt" when the Congress-led government was in power, but he did nothing for soldiers Hitting out at Rahul Gandhi after he attacked the government over the OROP issue, the BJP said on Saturday the Congress chief has been forced to remember soldiers after being out of power for four and half years 101

25 October, 2018 5:26 PM EPF schemes add more than 1.45 cr new subscribers

More than 1.45 crore new subscribers joined the Employees' Provident Funds (EPF) Scheme during the one year period through August 2018, says payroll data released by the government on October 25. The Ministry of Statistics and Programme Implementation (MoSPI) has been bringing out the employment-related statistics in the formal sector since April, 2018 covering 65

23 October, 2018 12:22 PM EPFO will not prosecute employers over Aadhaar non-compliance: Report

The Employee Provident Fund Organisation (EPFO) issued a circular to the Central Provident Fund Commissioners (CPFCs) to “avoid any coercive action by way of prosecution� in provident fund (PF)-Aadhaar linking cases, a move that will bring relief to employers, reported DNA. The EPFO is yet to put out a formal notice withdrawing its earlier order 72