Review whether to continue with NPS – Tamilnadu State Government forms committee
NPS To OPS – Tamil Nadu Government Constituting Expert Committee To Review NPS
NPS To OPS – Tamil Nadu Government Constituting Expert Committee To Review NPS
Resolution adopted by the Legislative Assembly of NCT of Delhi to abolish National Pension System (NPS) and reinstate the old Pension System
7th Pay Commission: The voice against the National Pension System (NPS), which replaced the Old Pension Scheme (OPS) for the central government employees is growing louder. Fearing they will lose their money to market forces, the government employees in many parts of the country are demanding NPS rollback. In Lucknow on Friday, Union minister Piyush…
Ministry of Finance’s decision to implement New Pension Scheme from 2004 can not be questioned by Railway Ministry – Reply given by Railway Board to Employee Union.
PFRDA caps on equity mutual fund investment at 5% of the total corpus by National Pension System will be applicable to all pension schemes – central and state governments, private sector, NPS Lite and Atal Pension Yojana.
Bank Investment Schemes of Public and Private Sector Banks – NPS, PPF, Sukanya Samriddhi Yojana, APY Bank Investment Schemes: Public and private sector banks offer a number of investment schemes that are safer, some with assured returns, than market-driven stocks. These investment schemes are regulated by the government-appointed bodies and the assurance of promised returns…
Best Tax Saving Investment Plans for Salaried – From National Payment System (NPS) to ELSS Tax Saving Options for Salaried: You can save some tax on investments that enjoy the safety net of Section 80 C, and some other sections, of the Income Tax Act. But then, you may be wondering what are the best…
Provide Guaranteed Pension/Family Pension Scheme to the staff covered under New Pension Scheme (NPS) – NC(JCM).
NPS offers two accounts: Tier-I and Tier-II accounts. Tier-I is a mandatory account and Tier-II is voluntary. The big difference between the two is on withdrawal of money invested in them.
An employee’s own contribution is eligible for a tax deduction –up to 10 per cent of the salary (basic plus DA) – under Section 80CCD(1) of the Income Tax Act within the overall ceiling of Rs 1.5 lakh.
Recently, the pension fund regulator PFRDA allowed the NPS (National Pension System) subscribers to withdraw the money for purposes that include higher education and investment in new business.
While other popular options like PPF and 5-year FDs are made by people nearing retirement, as an added recurring saving other than your EPF contribution, you can try the National Pension System or NPS.