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India's Direct Tax Collection Up 15.7% At Rs 6.53 Lakh Crore Till August 10

The Indian government has collected Rs 6.53 lakh Crore as gross direct tax in the current fiscal year till August 10, according to data released on Friday. This represents a 15.7% increase year on year. Direct tax collection, net ...

Central Govt Likely To Hike Dearness Allowance By 3%

The central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by three percentage points to 45 per cent from the existing 42 per cent as per the agreed formula for the purpose. ...

Guidelines For Timely Disposal Of Grievances For Central Government Pensioners

The union government of India has published guidelines for timely and qualitative disposal of the central government's Pensioners' Grievances. The Department of Pension and Pensioners' Welfare (DoPPW) under the Ministry of Personnel, Public Grievances and Pension, has released the guidelines. ...

What is the minimum balance that pensioners need to maintain in pension account?

The Reserve Bank of India (RBI) has not stipulated any minimum balance that has to be kept in your pension account maintained with the bank. It rather depends on the banks where you have the pension account. Different banks have different ...