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In 2021, withdrawal rules at the time of maturity was changed, and a person can withdraw entire NPS corpus lump sum if it is Rs 5 lakh or less, but 40% will be taxable. [16] [17] Contributions to NPS receive tax exemptions under Section 80C, Section 80CCC, and Section 80CCD(1) of the Income Tax Act. Starting from 2016, an additional tax benefit ...
The Modi Effect: Inside Narendra Modi's Campaign to Transform India. Quercus. ISBN 978-1-62365-939-4. Ralhan, O. P.; Gupta, Sudha Ralhan; Ralhan, Gautam (2017). Foreign Policy of Narendra Modi: The Prime Minister of India. Sarup Book Publishers (P) Limited. ISBN 978-93-5208-065-6. Sardesai, Rajdeep (22 May 2015). 2014: The Election that Changed ...
The BJP under Modi was able to downplay concerns about the protection of religious minorities and Modi's commitment to secularism, areas in which he had previously received criticism. [214] Prior to the election, Modi's media image had centred around his role in the 2002 Gujarat riots but during the campaign, the BJP focused on Modi's ...
In the unified pension system, a civil servant contributes 10% of their salary while the government contributes 18% each month on their behalf. After retirement, the civil servant receives 50% of their basic pay of the average of the last 12 months preceding retirement. The pension is indexed to inflation and increases every years. [14]
Since pension is both a reward for continuous service till the formal age of retirement as well as a form social security in old age, India favored a restructured pension ensuring a balance between retirement benefit of the government employees and the financial burden on the economy by moving from DB scheme to DC scheme.
BJP flag being flown in one of its campaign rallies. The name as well as the symbol of the party were selected by the founders. The name "Bharatiya Janata Party" literally translates to "Indian People's Party". The Symbol of the party is the flower Lotus (Nelumbo nucifera). [61] Lotus has a cultural significance within India as well as Hinduism ...
In 2011, the Department of Personnel and Training (DoPT), Ministry of Personnel, Public Grievances and Pensions, created a proposal to retire and remove incompetent, inefficient and unproductive All India Service officers after 15 years of service, [64] [65] [66] which was accepted and rule 16(3) of the All India Services (death-cum-retirement ...
Narendra Modi, on Diwali Day, during a well publicized visit to army formation in Siachen Glacier, told soldiers "It was in my destiny that One rank One pension has been fulfilled". [47] Modi's "Mann Ki Baat", radio address on 31 May 2015, in which he asked Ex-Servicemen to remain patient, as he gets rid of the bureaucratic hassles. [49] [73]