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FDI Limit in Pension Sector: Modi government may do this soon - All you need to know
Sun, Apr 11, 2021
The National Pension System (NPS) was introduced by the Government of India to replace the defined benefit pension system.
Union Budget 2021: What major changes were made in the Income Tax Returns System?
Mon, Feb 01, 2021
Presenting the Union Budget for FY21-22, Finance Minister Nirmala Sitharaman today proposed no filing of Income Tax Return (ITR) by senior citizens who are above 75 years of age and have only pension and interest income. Pension from the ex-employer is taxed under the income tax head of Salary while family pension is taxed as ‘income from other sources’.
Digital life certificate for pensioners: Want to Validate certificate at your doorstep? Here is how to do it easily
Sun, Jan 31, 2021
Digital life certificate for pensioners: If you are a senior citizen and want to book your Digital Life Certificate Service through doorstep banking services of the public sector banks? You can do this by following these useful tips. Indian Banks’ Association has put out an advertisement where it tells senior citizens how to do it easily
Recovery of excess pension made to pensioners: Big decision! Important notification by RBI
Sun, Jan 24, 2021
The RBI notification is titled - "Withdrawal of circulars - on Recovery of excess pension made to pensioners."
Pension Payment Order: Modi government explains how PPO promises ease of living for senior citizens
Sun, Jan 17, 2021
Lauding Prime Minister Narendra Modi's thrust on digitalization, Dr. Jitendra Singh said, in the last six years there has been rapid progress in this direction and many of the Ministries and Departments in the Government of India were performing nearly 80% of their work through e-office even before the onset of COVID pandemic, as per a statement by Ministry of Personnel, Public Grievances & Pensions.
BIG! PFRDA does this to enable PARTIAL WITHDRAWAL for NPS Subscribers; Know COMPLETE details here!
Fri, Jan 15, 2021
In a major step to reduce turnaround time (TAT) for most of its processes and functions the Pension Fund Regulatory and Development Authority (PFRDA) has made partial withdrawal online and paperless for National Pension System (NPS) subscribers, it said in a press release
Good provident fund, gratuity and pension news for these employees after Modi government's in-principle approval
Thu, Jan 14, 2021
In a good news in terms of provident fund, gratuity and pension benefits, the Modi government has "in principle" agreed to extension of employee welfare measures to seamen community.
Pensioners alert! Digital empowerment solutions for NPS subscribers to exit from National Pension System
Wed, Dec 30, 2020
Pension Fund Regulatory and Development Authority (PFRDA) offers NPS Subscribers through its intermediaries, a comprehensive and digitally enabled solutions for their diverse needs from on-boarding, servicing, exit and facilitating issuance of annuity from the empanelled Annuity Service Providers (ASPs) as per the choice of the subscribers.
NPS subscriber? Important message from pension regulator PFRDA for you
Wed, Dec 23, 2020
As part of various digital transformative initiatives introduced by pension regulator PFRDA, it has already enabled opening of NPS accounts by using offline Aadhaar with the explicit consent of the prospective subscriber.
Pension regulator PFRDA releases latest National Pension System (NPS), Atal Pension Yojana (APY) November 2020 data - Check latest figures
Tue, Dec 15, 2020
Here are the latest figures of National Pension System (NPS) and Atal Pension Yojana (APY):-
Jeevan Pramaan Patra (JPP): Pensioners alert! Still not submitted Life Certificate? EPFO has this important development for you
Sun, Nov 29, 2020
It's a big development from retirement fund body Employees' Provident Fund Organisation (EPFO) for over 35 lakh persons who could not submit the Jeevan Pramaan Patra (JPP) document by November due to coronavirus pandemic.
Atal Pension Yojana: BIG SUCCESS! Massive 40 lakh new APY subscribers enrolled - Check what PFRDA said
Wed, Nov 25, 2020
It's a massive success for Atal Pension Yojana (APY) as more than 40 lakh new subscribers have been enrolled under Atal Pension Yojana (APY), during the financial year 2020-21 (1st April 2020-13th Nov.2020). Moreover, the total enrolments have crossed whopping 2.63 crore.
NPS: Pensioners alert! PFRDA announces revision in cut-off time under D-Remit for same-day NAV - All you need to know
Tue, Nov 17, 2020
D Remit provides the benefit of same day's NAV and also the facility of setting up of Auto Debit through Standing Instructions from the Subscribers Savings Bank Account for a defined periodical contribution.
NPS tax-free for all in Budget 2021? Pension fund regulator PFRDA to propose this to Modi government - All you need to know
Sun, Nov 15, 2020
NPS: Employers' contribution of 14 per cent in pension under the National Pension System (NPS) scheme for the central government employees was made tax free from April 1, 2019.
Digital Life Certificate: Huge relief for pensioners from Modi government - All you need to know about Jeevan Pramaan Patra
Thu, Nov 12, 2020
Check how to avail this doorstep service for submission of Digital Life Certificate.
Rs 5 lakh crore AUM! Big growth confirmation from regulator PFRDA on National Pension System (NPS) and Atal Pension Yojana (APY)
Thu, Oct 15, 2020
The growth in NPS subscribers has also been remarkable over the years with 70.40 lakhs employees joining the scheme from the government sector and 24.24 lakhs from the non-government sector.
PFRDA alert! Pension Fund Regulatory and Development Authority to engage consultancy for separating NPS Trust, structuring
Sun, Oct 04, 2020
The NPS Trust takes care of the assets and funds under the National Pension System (NPS) in the interest of the subscribers.
EPFO Latest News: Pensioners alert! Now, this facility too is available on UMANG mobile app
Tue, Sep 29, 2020
In a latest development, Ministry of Labour and Employment has announced the facility to apply for Scheme Certificate under EPS, 1995 is now available on UMANG application.
Alert For Pensioners! Modi government takes this important step amid Covid outbreak; all details here
Mon, Sep 14, 2020
In order to give relief to elderly persons the Narendra Modi government has announced this major step. The government has relaxed the existing timeline for submission of Life Certificate. The announcement was made on by the Minister of State (MoS) for Personnel, Public Grievances, Pensions, Jitendra Singh, the press release said
Digital Life Certificate: Pensioners alert! Want to generate Jeevan Pramaan? Here is what you need to do
Tue, Sep 08, 2020
You can also obtain a DLC from various Citizen Service Centre (CSC) located across India or from the office of Pension Disbursing Agencies (PDA) such as Post Office, Banks, Treasury. You can search nearest CSC by clicking on 'Locate a Centre' on https://jeevanpramaan.gov.in portal or alternately you can send SMS to 7738299899. You can SMS "JPL" followed by a space and your pin-code