Given the modest start of Unified Pension Scheme (UPS), the finance ministry has written to the pay & accounts offices (PAOs) of central ministries, urging them to take steps to expedite its roll-out. The finance ministry proposed that staff be sensitised to undertake their assigned roles and responsibilities for time-bound implementation of the UPS. The
Now, one can change nominee details in a Public Provident Fund (PPF) account without any fee. The Finance Ministry has notified the removal of the fee. “In the Government Savings Promotion General Rules, 2018, in Schedule II, under ‘Fee to be charged for services,’ the words and figures ‘(b) Cancellation or change of nomination –
VIENTIANE: The Ministry of Finance has announced the seizure of more than 12.3 billion kip, US$265,919, and more than 24.8 million baht from 50 accounts as part of an ongoing anti-corruption investigation. The announcement was made during the 2024 annual inspection review and the 2025 planning meeting of the Party Inspection Committee of the Ministry