Pension
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’.
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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
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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