The NCLAT gave significant relief to Jet Airways former employees after a seven-year-long legal battle, by rejecting lenders’ appeal and directing them to make full payment of provident fund, gratuity and pension dues to employees. The judgment will benefit nearly 12,000 workmen, along with former employees
The PFRDA is set to roll out the NPS Swasthya Pension Scheme for the public soon. PFRDA Chairman S. Ramann confirmed that the bundled product has received board approval and is likely to be launched in the next 60–70 days
EPFO extended its online member and employer portal and app downtime by one day. The services will be up on July 2. The upgrade is aimed at making the system faster, more secure, and more transparent
Bhattacharya told Outlook Money that the corporate earnings for the June quarter are expected to bear the brunt of the West-Asia conflict, particularly concerning volatile energy costs
The insurance regulator will independently examine whether insurers use digital practices that pressure, mislead, or delay customers while they compare and buy policies
The revised directions have instructed banks to provide advance notice, to adhere to specific recovery processes and to seek authorisation in some instances to recover excess pension payments
The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) covers more than 1,900 procedures for treatment. However, the funds allocated for cancer treatment under the scheme are less than required. The FinCan study suggests that including early diagnosis of the disease under the scheme could reduce fund requirements and save more lives
