Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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The entire EPS scheme 1995 is unrealistic. The amount of EPS deduction(Rs 541 or Rs 1250 now) collected from a EPFO subscriber is irrelevant while giving pensions. Unrealistic pensions are doled out at the end. There remains a shortfall that they keep filling with new new subscribers.
Even if they simply deposit the Rs 541 or Rs 1250 per month in each employee's PPF account those returns will be much better than what they give as pension per month.
I tried explaining this through multiple grievances on pgportal but to no avail. They pretend that they are not able to understand anything what I am saying.