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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.
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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.
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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).
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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).
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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.
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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.
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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
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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%
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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.
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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.
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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.
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