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The Central Government contributes 14 per cent of the salary of its employees to the NPS Tier-I accounts. This is allowed as a deduction in computing the income of the employee.
Orders local bodies be given their share from divisible pool.
As many as 15 bills are expected to be tabled in the upcoming budget session of the parliament. The session will be held in two phases as five states go to polls, according to a parliamentary bulletin of the Rajya Sabha that was released on Monday. The first phase will be conducted between Jan. 31 and Feb. 11; while the latter is slated to start on March 14 and end on April 8.
Finance Ministry invites applications for Irdai whole-time member post
The last date for submitting applications is February 15, 2022.