Bank Employees Family Pension to be increased to 30% of last pay drawn

Last updated: 02 September 2021

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Banks contribution to NPS Corpus of PSU Bank employees to be enhanced to 14% In a bid to provide relief to families of bank employees, the Government has approved the Indian BanksAssociations (IBA) proposal to increase the family pension to 30% of last salary drawn. This move would make family pe

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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