Sat, May 04, 2024
The number of subscribers in the private sector, including corporates, exceeds 55 lakhs, with an AUM crossing 2.29 lakh crore.
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Tue, Oct 10, 2023
One misconception is that NPS does not offer guaranteed returns. Instead, Kurian Jose, Chief Executive Officer at Tata Pension Management, clarifies, "It is market-linked, which means the returns are dependent on the performance of the underlying investments chosen by the investor."
Tue, Aug 22, 2023
Dr. Deepak Mohanty, Chairman, PFRDA in his keynote address said that achieving broad pension coverage in an affordable and fiscally sustainable way has remained an aspiring goal worldwide.
Wed, Jan 09, 2019
7th Pay Commission: Lakhs of central and state government employees have been protesting against the rules of New Pension Scheme (NPS). The continuous protest by the employees had put the government on the back-foot.
Mon, Dec 10, 2018
7th Pay Commission latest news: Tax exemption limit for lump sum withdrawal on exit has been enhanced to 60%. With this, the entire withdrawal will now be exempt from income tax.
Thu, Nov 29, 2018
7th pay Commission: Other states, including Uttar Pradesh, Andhra Pradesh and Tamil Nadu are witnessing protests by employee unions for suspension of NPS for quite a long time. The state governments, however, have so far not taken any step in this regard.
Wed, Mar 08, 2017
The amount transferred from a recognised Provident Fund or superannuation fund to NPS would not be treated as income of the current year and, as such, would not be taxable.
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