Subscribers to NPS to Now have Choice of Annuity Service

Subscribers to NPS to Now have Choice of Annuity Service Providers; PFRDA takes Important Step towards Providing an Exit Route to the Subscribers Subscribers to the ... Continue Reading →

Management of Funds Under NPS

Management of Funds Under NPS The investment of pension funds of Government employees, who are covered as subscribers to the New Pension System (NPS), was hitherto being made through ... Continue Reading →

NPS in a mess as governments fail to ensure employee participation

  Dhirendra Kumar, CEO, Value Research The New Pension Scheme (NPS), which should have become an important part of the country’s savings landscape, is dead, at least for ... Continue Reading →

PFRDA: NPS equity investment cap to remain at 50%

PFRDA: NPS equity investment cap to remain at 50% The Pension Fund Regulatory and Development Authority (PFRDA) today said it favoured retaining the cap on investment in equities by ... Continue Reading →

Double benefit for salaried class

Deduction for contribution to the National Pension Scheme in the hands of the employer and exclusion of such contributions in computing exemption for Sec 80C is a morale booster for ... Continue Reading →

New Pension Scheme for railway employees challenged

The new pension scheme introduced by the Union Government for railway employees has been challenged in the Madras Bench of the Central Administrative Tribunal. An employee of the southern ... Continue Reading →

Govt Employees Protest PFRDA Bill

THROUGH a statement issued from Kolkata on March 25, by its senior vice chairman Sukomal Sen, the All India State Government Employees’ Federation (AISGEF) has informed that on the ... Continue Reading →

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of September, 2010

All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of September, 2010 All India Consumer Price Index Number for Industrial Workers (CPI-IW) ... Continue Reading →

PFRDA Introduces NPS-Lite Scheme for Economically Disadvantage Sections of Society and to Promote Small Savings among them

Pension Fund Regulatory and Development Authority (PFRDA), the apex body established by Government of India to regulate and develop the pension sector, has introduced NPS-Lite which ... Continue Reading →

NPS has a tax edge, but watch out for annuities

The New Pension Scheme (NPS) is likely to get a makeover if the revised Direct Tax Code is implemented. However, the government is doing its bit to lure investors to take a close look ... Continue Reading →

New pension scheme launched in 14 districts

The Department of Posts has launched New Pension Scheme (NPS) with effect from May 2010. Any citizen of India in the age group of 18 to 55 years can join this scheme and contribute ... Continue Reading →

FM to go east, take banks along to drive financial inclusion

NEW DELHI: Financial inclusion and implementation of central government schemes will top the agenda of finance minister Pranab Mukherjee’s June 14 meeting with the chief ministers ... Continue Reading →

New Pension Scheme (NPS) latest news

NEW DELHI: The interim pension regulator has sought tax relief on investments in the New Pension Scheme (NPS) to make it more attractive to employees of private sector firms.    The ... Continue Reading →

Central Government Employees NPS gives 14.82% average returns

Central government employees who joined as a part of the contributory New Pension Scheme (NPS) have earned a weighted average return of 14.82 per cent during 2008-09, the first year ... Continue Reading →