Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
Central Government introduced Unified Pension Scheme as an optional component under National Pension System (NPS) effective April 1, 2025. The scheme provides assured payout of 50% of last 12 months' average basic pay after 25 years qualifying service, with minimum guaranteed payout of Rs.10,000 monthly after 10 years service. Employee contribution is 10% of basic pay plus DA, matched by Government, with additional 8.5% Government contribution to pool corpus. Scheme includes family pension at 60% for legal spouse, dearness relief, and lump sum payment at superannuation. Existing NPS employees can opt for UPS with transfer of corpus. PFRDA will regulate individual corpus investments while Government controls pool corpus investments. Once exercised, option is final and irreversible.
Central Government introduced Unified Pension Scheme as an optional component under National Pension System (NPS) effective April 1, 2025. The scheme provides assured payout of 50% of last 12 months' average basic pay after 25 years qualifying service, with minimum guaranteed payout of Rs.10,000 monthly after 10 years service. Employee contribution is 10% of basic pay plus DA, matched by Government, with additional 8.5% Government contribution to pool corpus. Scheme includes family pension at 60% for legal spouse, dearness relief, and lump sum payment at superannuation. Existing NPS employees can opt for UPS with transfer of corpus. PFRDA will regulate individual corpus investments while Government controls pool corpus investments. Once exercised, option is final and irreversible.
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