The biggest challenge for individuals retiring in our country has been the lack of a social security system to provide a meaningful family pension income post retirement. Unfortunately, this challenge may still take time to get addressed. The second biggest challenge for savings towards retirement has been creating portfolios that beat inflation. Inflation is to…
Recent Changes in conditions for withdrawing amount from NPS before maturity – PFRDA press release
Public Notice – Processing of Partial Withdrawal requests in system latest by 31.12.2018
Important Changes made in National Pension System (NPS) for Central Government Employees – Govt contribution increased to 14% and income tax exemption allowed on NPS Maturity Amount
New Delhi: In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher 14 per cent of the basic salary of an individual as its contribution to the National Pension System (NPS), a top source said. The move would benefit over 36 lakh…
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…