FM Nirmala sitharaman has said there is no intent to discourage higher income earners from saving with the EPF.
FM also said that she was open to reviewing the contribution limit of 2.5 lakh rupees a year for tax free interest.
There is no plan to merge the EPF with the national pension scheme (NPS).
# 100% tap water connections
Telangana has joined a group of states that has ensured tap water connections to all schools and anganwadi centers (AWCs).
The state was the first to provide tap water connections to all households.
Work on providing connections to all schools, AWCs, and ashramshalas was taken up under the 100 day special campaign of ministry of jalshakti under the jal jeeven mission.
# Cairn energy
Cairn energy CEO meet top finance ministry officials on the tax arbitration award enforcement.
Cairn energy CEO said the discussion was constructive and cordial.
Cairn energy also said that if the resolution is acheived, they are willing to invest in energy sector of India.
# India-Maldives
India and maldives on sunday signed a defence line of credit agreement worth $50 million during the ongoing visit by external affairs minister s. jaishankar.
Both sides agreed to maintain peace and security in the Indian ocean region.
The defence line of credit will “facilitate capability building in the maritime domain”.