Retirement Schemes
Air India offers voluntary retirement scheme to its staff, excluding pilots
This is the second such offer since the takeover of the airline by the Tata Group in January 2022, and will remain in force till April 30
 "Air India offers voluntary retirement scheme to its staff, excluding pilots")
How inadequate savings could jeopardise women's retirement planning
Not allocating adequately to equities, which can potentially beat inflation, is another error they must avoid
 "How inadequate savings could jeopardise women's retirement planning")
Govt bonds and immediate annuity plans: 2 options for retirement income
The first offers a guaranteed rate of return for long; the other secures income for the rest of your life
 "Govt bonds and immediate annuity plans: 2 options for retirement income")
4,500 Air India employees opted for voluntary retirement so far: Report
Under the Air India's VRS rules, people older than 40 years of age with 20 years of continuous employment can opt for voluntary retirement
 "4,500 Air India employees opted for voluntary retirement so far: Report")
India Inc bullish on Agnipath scheme, vows to hire soldiers in 4 years
The Union government has approached top 85 Indian companies including Reliance and Bharat Forge to hire Agniveers once they retire four years later and the feedback has been positive
 "India Inc bullish on Agnipath scheme, vows to hire soldiers in 4 years")
Ad-hoc panel backs raising the wage ceiling under EPFO to Rs 21,000: Report
The increase in the limit to Rs 21,000 under EPFO will bring more workers under the retirement scheme
 "Ad-hoc panel backs raising the wage ceiling under EPFO to Rs 21,000: Report")
Ford Motor to trim US workforce by 1,400; offer early retirement incentives
Most of the reductions would take place in the area of Dearborn, Michigan, where Ford has its headquarters and large product development and engineering operations
 "Ford Motor to trim US workforce by 1,400; offer early retirement incentives")
FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr
In October, the Union government approved a Rs 69,000 crore revival package for BSNL and MTNL
 "FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr")
Over 40,000 employees have opted for BSNL VRS plan in three days: Chairman
BSNL is looking at savings of about Rs 7,000 crore in wage bill, considering 70,000-80,000 personnel opt for the scheme.
 "Over 40,000 employees have opted for BSNL VRS plan in three days: Chairman")
Do NRIs have to pay advance tax: Expert answers your taxation questions
Only senior citizens (resident individuals of age 60 years or more) are not required to pay advance tax.
 "Do NRIs have to pay advance tax: Expert answers your taxation questions")
Low-risk investors may opt for retirement schemes offered by mutual funds
Most come with 5-year lock-in period, but some do not offer tax benefits
 "Low-risk investors may opt for retirement schemes offered by mutual funds")
Retirement schemes from MFs can help to create a corpus for silver years
With multiple plans, investors across age groups and risk appetite can invest in these schemes
 "Retirement schemes from MFs can help to create a corpus for silver years")
Your money: Retirement schemes for low-risk investors
The three-year and five-year returns are 20.97 and 15.47 per cent annually
 "Your money: Retirement schemes for low-risk investors")
