The case concerns a government employee who changed jobs after being selected for a new post, but later faced a problem with his pension benefits.
Personal Finance
Pension Disputes Over Procedural Lapses? Calcutta HC Order Offers New Hope To Govt Employees
GST 2.0: E-Commerce Sellers, Taxpayers May Get Relief As Centre Plans Compliance OverhaulThe proposed GST changes could allow around 9.5 lakh small e-commerce sellers to use platform warehouses for registration in states where they have no physical premises.
Rs 10 Lakh In Gold: How Much Of Your Wealth Is Exposed To One AssetIf a substantial portion of your wealth is tied up in gold, what share of your total assets does it represent?
Telangana DA Hike: Cabinet Approves Two Pending Instalments — Check When Arrears Will Be PaidTelangana Cabinet approved two pending DA instalments for state employees and pensioners, with one due in October and another around Ugadi. The move will add to the state’s financial burden, while remaining arrears await a timeline.
FinMin Announces Small Savings Interest Rates For October-December Quarter — Check DetailsThe Finance Ministry has kept the interest rates for multiple small savings schemes unchanged for the Oct-Dec quarter.
Reading Between The Lines: Were You Mis-Sold A Policy? IRDAI's Proposed Checklist Has The AnswersThe regulator's consultation paper on insurance distribution, released on September 23, lists 12 practices it proposes to treat as mis-selling of life insurance. The list is still a proposal. But it shows what the regulator qualifies as a bad sale.
PB Fintech Target Price Cut 53% — Bernstein Calls Next 18 Months 'Do-Or-Die'The brokerage said it does not know whether the regulator will modify the proposed caps or what mitigation strategy PB Fintech will eventually implement. For now, Bernstein has assumed "max pain", with no regulatory rollback and no upside from potential mitigation strategies.
Reading Between The Lines: Insurance Commission Debate Misses The Key Point — Let Buyers Have A Choice To SaveYou should be able to buy the same policy via a channel that passes the lower distribution costs to you as lower premium or better benefits.
Tightening The Grip: IRDAI's Course Correction On Insurance Distribution CostsGeneral insurers moved to a single EoM ceiling of 30% of premium and standalone health insurers to 35%, with boards free to allocate commission within that envelope. Life insurers, though freed from product-wise commission caps, retained segmental EoM limits within which commission had to fit.
Rs 50 Lakh Corpus At 35: How Long Could It Take To Reach Rs 1 CroreFor someone aged 35, if they have been able to save Rs 50 lakh, reaching the next milestone may be closer than it appears.
Your SIP Has Underperformed For Three Years: What Should You Check Before Stopping It?It is recommended to periodically review your portfolio to ensure that its returns are aligned with your expectations.
Rs 1 Crore Corpus: How Much Of It Could Inflation Take Away Over 20 Years?Long-term financial planning cannot stop at building a corpus. It has to account for what that corpus will actually be able to buy, years down the line.