Provide Guaranteed Pension/Family Pension Scheme to the staff covered under New Pension Scheme (NPS) – NC(JCM)
Provide Guaranteed Pension/Family Pension Scheme to the staff covered under New Pension Scheme (NPS) – NC(JCM).
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.
There is no proposal to replace the National Pension System (NPS) with the old pension scheme, the Lok Sabha was informed today.
Family Pension to the family of NPS covered Central Government Employees in the case of death of the employee concerned either attributable to Government Service or not attributable to Government Service
NPS – Guidelines on deferment of lump sum & annuity and continuation of Tier-II accounts under National Pension System
Portability from Provident Funds to NPS – Conference on Portability from Superannuation and Recognized Provident Funds to National Pension System (NPS)
Partial Withdrawal from NPS is exempted – Final Withdrawal from NPS taxable – Centre introduces provision of taxation on NPS in Income Tax Act
Minutes of the meeting of the Committee to suggest measures for streamlining implementation of the National Pension System (NPS) held on 17.03.2017
NPS Committee Meeting – Staff Side demanded Guarantee for payment of 50% of Last Pay drawn as Pension and issue of statement of amount credited in NPS Fund at least annually