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OPS vs NPS: Govt plans to make changes in new pension scheme on lines with old pension scheme
Mon, Mar 27, 2023
OPS vs NPS: Under the OPS, retired government employees received 50 per cent of their last drawn salary as monthly pensions. The amount keeps increasing with the hike in the DA rates.
NPS vs OPS: Govt to set up panel to improve new pension scheme to take care of employees’ concerns
Sat, Mar 25, 2023
While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha, Finance Minister Nirmala Sitharaman said the new approach to the NPS will be designed for adoption by both central and state governments.
Paisa Wasool 2.0: NPS vs EPF: Where should you invest your retirement corpus?
Sun, Mar 19, 2023
Paisa Wasool 2.0: National Pension System or Employees' Provident Fund, we answer which is the better tool as far post-retirement financial security is concerned.
EPFO higher pension: Should you opt for it?
Tue, Feb 28, 2023
EPFO Higher Pension: EPFO, which is one of the world's largest social security organisations, last week came out with a procedure to enable subscribers and their employers to jointly apply for higher pension under the Employees' Pension Scheme (EPS).
Union Budget 2023: Govt likely to bring DLSS on par with ELSS
Thu, Jan 12, 2023
As per the provision, 80% of Debt-Linked Savings Scheme (DLSS) will have to be invested in debentures and bonds of the company
Pension regulatory body says asset under management to be around Rs 9 lakh cr in this fiscal due to market volatility
Sat, Jan 07, 2023
The asset under management is likely to be around Rs 9 lakh crore this financial year due to market volatility, according to the Pension Fund Regulatory and Development Authority (PFRDA).
PFRDA mulling to bring NPS scheme with assured returns by June next year
Fri, Dec 23, 2022
Pension Fund Regulatory and Development Authority (PFRDA) is planning to bring a scheme that would offer you assured returns
Best and worst pension systems in world ranked: Check where India ranks in survey
Tue, Oct 18, 2022
India's pension system has improved a few notches from 2021 to now rank 41 out of the 44 countries examined, according to a report. As per the report, India had an overall indicator value of 44.4, up from 43.3 in 2021, and ranked 41 out of the 44 withdrawal income systems analysed.
Pension Fund Alert! PFRDA reduces timelines for withdrawal of various NPS transactions – DETAILS
Tue, Sep 20, 2022
PFRDA has issued a circular regarding the same while highlighting the intermediaries – Central Recordkeeping Agencies (CRAs), Pension Funds (PFs) and Custodians.
NPS: New Rules - Latest update from IRDAI
Wed, Sep 14, 2022
At present, NPS retirees are required to submit an exit form to Pension Fund Regulatory and Development Authority (PFRDA) and a proposal form to insurers at the time of superannuation.
NPS Annuity: No need to submit separate form for this - What IRDAI said
Tue, Sep 13, 2022
Now, the exit form of NPS will be treated as proposal form for purchasing annuity, thereby reducing the time and efforts of senior citizens as well as insurers, Irdai said.
Old Pension Scheme latest news: Good news for government employees of THIS state - details
Fri, Sep 02, 2022
Old Pension Scheme In Jharkhand Latest News: The old pension scheme which was discontinued in 2004 is now being implemented again. The Jharkhand government has announced that it will bring back the old pension scheme for government employees.
Pension Contribution through UPI possible now; PFRDA enables this facility
Fri, Aug 12, 2022
Subscribers of National Pension System (NPS) and Atal Pension Yojana (APY) are allowed to deposit their voluntary contributions under Direct Remit (D-Remit) into Tier I/II through net banking account by using IMPS/NEFT/RTGS
PFRDA looks to offer guaranteed pension programme under NPS, launch likely on 30 September
Fri, Aug 05, 2022
"The Minimum Assured Return Scheme is under development. Tentatively, we may start from September 30," PFRDA Chairperson Supratim Bandyopadhyay told reporters here on Friday
Pension fund regulator PFRDA to appoint 3 trustees on board of NPS Trust
Wed, Aug 03, 2022
The initial term for the trustees to be appointed will be for a period of three years from the date of appointment, with provision of extension for not more than two years.
PFRDA releases NPS data including Atal Pension Yojana for May 2022 - Check details
Mon, Jun 20, 2022
The number of subscribers in various schemes under the National Pension System (NPS) rose to 531.73 lakh by the end-May 2022 from 428.56 lakh in May 2021 showing a year- on- year (Y-o-Y) increase of 24.07%
Money Guru: Are You Planning For Retirement? Expert Suggests Best Pension Plans, Watch This Video
Tue, Jun 07, 2022
Life after retirement will be tension free and relaxed only when you have money in your pocket. In today's time, National Pension System is a good option to get a large corpus as well as monthly pension on retirement. How to get pension before 60? How many types of pension plans? Watch Money Guru to know options of pension plans from Finsafe Founder, Mrin Agarwal and Certified Financial Planner, Poonam Rungta.
Money Guru: Need Emergency Money Before Retirement? With These Conditions, Money Can Be Withdrawn From NPS
Fri, Jun 03, 2022
If you need money in an emergency before retirement, you can withdraw money from NPS subject to certain conditions. After retirement, employees can withdraw a part of NPS and the rest can take an annuity for regular income. What are the rules for withdrawal from NPS? How to make 4 crores in 6 years? How is the planning for higher education? Watch Money Guru to know the rules of withdrawal of NPS from Optima Money Managers, CEO, Pankaj Mathpal.
What is Income Tax Section 80C here know how you can save Tax under it
Wed, Jun 01, 2022
Under Section 80C, a taxpayer can lower their overall taxable income by a maximum of Rs 1.5 lakh per year. As there is a limit of Rs 1.5 lakh per year, most taxpayers wish to reduce their taxes. here know What is Income Tax Section 80C.
Retirement Planning: Want to invest in NPS? Know this limitation as well
Fri, Apr 15, 2022
Retirement planning means preparing today for your future life so that you continue to meet all your goals and dreams based on the passing income post-retirement, Pankaj Mathpal, Founder and CEO at Optima Money Managers tells Zee Business News Anchor Swati Raina.