Reforms and outlook, Financial Management

Reforms and Outlook

Pension funds in India is an area that is yet to be fully explored compared to those of other economies of the world. The pension reforms are expected to facilitate a healthy growth supporting both the economy and individuals.

The administration of the EPF and pension schemes is a monumental task. The quality of service provided to the subscribers of the service is dismal. There are many cases of delays in the release of payments. Cases of double payment to pensioners and continuing pensions released in the name of dead pensioners are not unheard of. The systems of management of the pension as also provident funds are in the dire need of an overhaul. Let us discuss the problems arising due to the existing structure in India.

 

Posted Date: 9/11/2012 1:54:06 AM | Location : United States







Related Discussions:- Reforms and outlook, Assignment Help, Ask Question on Reforms and outlook, Get Answer, Expert's Help, Reforms and outlook Discussions

Write discussion on Reforms and outlook
Your posts are moderated
Related Questions
a recent business school graduate, you work directly for the corporate treasurer. Your corporation is going to issue a new security plan and is concerned with the probable flotatio

Z Company is very successful as market leader in digital media products where it has demonstrated its ability to innovate in new product development and design at a very fast pace,

Are there any legal factors that could restrict a corporation in its attempt to pay cash dividends to common stockholders?  Explain. A firm may be lawfully restricted as to the

In financial analysis, interpolation is used widely in: Determination of internal rate of return of a project. Finding out the yield to maturity (ytm)

given just the sales and profit values, how is the break-even sales calculated?

Routine functions For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and incl

Q. Can you explain about Overdrafts? Overdraft means an agreement with a bank by which a current account-holder is allowed to withdraw more than the balance to his credit up to

Disadvantages of IFRS 8 Reconciliations may be time consuming. Less comparable with other organisations, as every entity has a different way of running their business.

I NC O terms You learnt that specifications, delivery period and destination are all dependent  factors   on  a   particular   project.  Let   us  know  about   the internati

The following particulars relate to ABC Ltd. at the end of 2008: (i)  Rs. 500,000 equity shares of Rs. 10 each. Present dividend per share is Rs. 15; Market price Rs. 100 per sh