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Old Pension Scheme (OPS) in India was abolished as a part of pension reforms by Union Government.Repealed from 1 January 2004, it had a defined-benefit (DB) pension of half the Last Pay Drawn (LPD) at the time of retirement along with components like Dearness Allowances (DA) etc. OPS was an unfunded pension scheme financed on a pay-as-you-go (PAYG) basis in which current revenues of the ...
Ranchi, Jharkhand, India. As of 25 September 2018. Source: [1] Dr Rameshwar Oraon (born 14 February 1947) is an Indian politician, who is the current Finance Minister of Jharkhand. He was a member of the 14th Lok Sabha. He represented the Lohardaga constituency of Jharkhand and is a member of the Indian National Congress (INC) political party.
Chairperson of the Union Public Service Commission: 11 Attorney General: Cabinet Secretary: Chiefs of Staff (Army, Air, Naval) in the rank of General and equivalent ranks in the Indian Armed Forces: 14 Chief Justices of High Courts: 16 Judges of High Courts ₹ 225,000 (US$2,700) 21 Member of Parliament ₹ 100,000 (US$1,200)
The Commission was asked to make the following recommendations: Grants-in-Aid to certain States, in need of assistance under Article 275, having regard to the requirements of Second Five Year Plan and the efforts made by those states to raise additional revenue.
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
Finance and Economy Division; Infrastructure Development Division; Social Service Division; Annual Report. The Auditor General submits an annual report, which includes an opinion regarding the financial statements of the Government of Nepal, to the President as per Article 294 of the Constitution of Nepal.
Inter-state share in the union tax pool is decided by the recommendations of the Finance Commission to the president. Total tax receipts of Centre and State amount to approximately 18% of national GDP. This compares to a figure of 37–45% in the OECD. Union budget