Forwarded from Levels Of Conviction_Premium (L.O.C)
One gentleman made this just on commentary..
Old people know the value of our direction.
Old people know the value of our direction.
Those who know us ,only those understand the true value.
Gn all
Gn all
Forwarded from Levels Of Conviction_Premium (L.O.C)
You may have heard last time meme "jackson hole made a hole in your portfolio"
This time they did just the opposite
Gn all.
This time they did just the opposite
Gn all.
🤩1👌1
Cabinet approves Unified Pension Scheme (UPS)
The salient features of the UPS are :
🔹 Assured pension : 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years. This pay is to be proportionate for lesser service period upto a minimum of 10 years of service
🔹 Assured family pension : @ 60% of pension of the employee immediately before her/his demise
🔹 Assured minimum pension : @ ₹10000 per month on superannuation after minimum 10 years of service
🔹 Inflation indexation : on assured pension, on assured family pension and assured minimum pension
-Dearness Relief based on All India Consumer Price Index for Industrial Workers (AICPI-IW) as in case of service employees.
🔹 Lump-sum payment at superannuation in addition to gratuity.
-1/10th of monthly emoluments (pay + DA) as on the date of superannuation for every completed six months of service.
-This payment will not reduce the quantum of assured pension.
The salient features of the UPS are :
🔹 Assured pension : 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years. This pay is to be proportionate for lesser service period upto a minimum of 10 years of service
🔹 Assured family pension : @ 60% of pension of the employee immediately before her/his demise
🔹 Assured minimum pension : @ ₹10000 per month on superannuation after minimum 10 years of service
🔹 Inflation indexation : on assured pension, on assured family pension and assured minimum pension
-Dearness Relief based on All India Consumer Price Index for Industrial Workers (AICPI-IW) as in case of service employees.
🔹 Lump-sum payment at superannuation in addition to gratuity.
-1/10th of monthly emoluments (pay + DA) as on the date of superannuation for every completed six months of service.
-This payment will not reduce the quantum of assured pension.
👍1
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At Rexhora Ventures, we go beyond financial advice - we craft legacy strategies. Our expertise spans across Equity Investments, Portfolio…
Forwarded from Levels Of Conviction_Premium (L.O.C)
ॐ कृष्णाय वासुदेवाय हरये परमात्मने॥
प्रणत: क्लेशनाशाय गोविंदाय नमो नम:॥ 🙏🚩
Aj pure din isko chant kare.
Bahut labh hoga.
प्रणत: क्लेशनाशाय गोविंदाय नमो नम:॥ 🙏🚩
Aj pure din isko chant kare.
Bahut labh hoga.
❤2