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Budget 2024: Tax relief sought for employers' NPS contributions up to 12% of basic salary

Budget 2024: Tax relief sought for employers' NPS contributions up to 12% of basic salary

Jan 13, 2024, at 04:32 am

New Delhi: The government should allow tax exemption for the contributions of up to 12 percent of employees' basic salary to the National Pension System (NPS), the chairman of the Pension Fund Regulatory and Development Authority (PFRDA), Deepak Mohanty said on Friday, according to media reports.

SAIL introduces pension scheme for SAIL ex-employees and employees

SAIL introduces pension scheme for SAIL ex-employees and employees

Apr 30, 2019, at 07:13 pm

New Delhi, Apr 30 (IBNS): In line with the guidelines issued by the Department of Public Enterprises (DPE), Government of India and with the approval of the Ministry of Steel, Steel Authority of India Ltd. (SAIL) has introduced its pension scheme for the benefit of its eligible ex-employees and employees.