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
QTL Tech has an issue of preferred shares outstanding with a $50 stated value that pays a dividend of 7.5%. There are 325,000 shares outstanding. QTL has not paid preferred share d

Q. Describes Net Income Approach to Capital Structure? Net Income Approach: - As-per to the Net Income Approach as suggested by Durand the capital structure decision is applica

In a fixed-rate coupon bond, the change in the price can be attributed to the change in the market interest rates. This change is due to the difference in the pre

Macro-Economic Analysis Measuring the Level of Economic Activity Gross National Product (GNP) and the Gross Domestic Product (GDP) are the two most widely used aggregates

Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib

What are the techniques of financial management There are two widely-discussed techniques: (i) Profit maximisation approach and (ii) Wealth maximisation approach.

Profit Center A separate unit or department within an organization that is responsible for its own revenues, costs, and there profit. Profit center managers are commonly free t

Securitization -Source of financing whereby an entity's ASSETS (characteristically mortgage loans, lease obligations or other kinds of RECEIVABLES) are placed in a special purpose

Process of Ambiguity - profit maximisation criterion One practical difficulty with profit maximisation criterion for financial decision making is that term-profit is a vagu

how to calculate cost of equity