National Pension System update! Entry limit age may be increased to 70 years
The Indian government had launched National Pension System (NPS) in 2009. The scheme offers an investment opportunity to all organised sector employees working in India.
Apr 17, 2021, 12:32 PM IST
Good news for NPS subscribers! PFRDA to raise entry age limit to 70 years, exit to 75
PFRDA is also planning to give its subscribers an option of parking 40 per cent of the corpus that is mandatory to purchase an annuity at the time of retirement with a pension fund manager to get better benefits.
Apr 16, 2021, 13:58 PM IST
Big update on central government employees pension, notification on NPS benefits issued
The present notification provides a detail guideline for processing various benefits /facility available to NPS employees.
Apr 02, 2021, 13:58 PM IST
PFRDA extends direct remittance facility for non-resident subscribers of NPS
D-Remit offers a convenient mode of depositing voluntary contributions into NPS and also optimises the long-term retirement wealth creation by offering same-day NAV (net asset value), it added. Through this, periodic NPS contributions can be automated for any defined amount and for any defined date from the subscribers bank account.
Feb 05, 2021, 10:50 AM IST
Good news for pension subscribers! NPS, Atal Pension Yojna digital journey further simplified; here's all you need to know
The online e-KYC (Know Your Customer) will further simplify the process of account opening as it offers the subscribers a NPS digital journey, PFRDA said in a release.
PFRDA said it has enabled various digital enablers such as OTP-based authentication, paperless on-boarding, e-sign-based authentication, video customer identification to facilitate remote on-boarding, online exit tools, online enrolment for government sector subscribers, among others.
Feb 03, 2021, 09:28 AM IST
Union Budget 2021: Invest Rs 50,000 in NPS and get additional tax benefits over and above Rs 1.5 lakh under section 80C
Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS. Although, opening multiple NPS accounts for an individual is not allowed under NPS, an Individual can have one account in NPS and another account in Atal Pension Yojna.
Jan 31, 2021, 18:15 PM IST
Union Budget 2021: Will ask govt to make employers' contribution, tier-II account tax free for all: PFRDA
"There is this tier-II NPS account which was made tax free exclusively for the central government employees recently. So there also, we would request the government to give the facility to all the subscribers. In the tax-free tier II account we are keeping a lock-in period of 3 years because you are getting the tax-free status...And we want it to be extended to all the other employees," he added.
Nov 16, 2020, 09:45 AM IST
NPS Vs PPF corpus calculation: Know how much retirement fund you can build
The critical times that we live in has made us realise about our future planning and how well we can map it out for a good retirement fund.
Oct 21, 2020, 18:10 PM IST
NPS Alert! Now, open National Pension System account from the comfort of your home
PFRDA has been constantly introducing new methods of subscriber authentication for National Pension System.
Oct 09, 2020, 12:48 PM IST
Secure your spouse's future, know how to get Rs 44,793 monthly pension by investing in NPS scheme
NPS is a pension cum investment scheme.
Oct 05, 2020, 11:03 AM IST
Now, open NPS account through internet banking using OTP on registered mobile number
POPs and CRAs have been advised by PFRDA to provide the required functionality of OTP based authentication, PFRDA said.
Jun 29, 2020, 17:31 PM IST
NPS System account opening gets easier – Here’s how to apply for Aadhaar-based paperless KYC verification
The PFRDA has permitted e- NPS/Points of Presence facilities to use offline Aadhaar of prospective subscribers with their consent for opening NPS accounts.
May 28, 2020, 16:35 PM IST
Government's contribution under NPS to be raised to 14% from 10%, entire 60% of withdrawals to be tax-free
Contribution by the government employees under Tier-II of NPS will now be covered under Section 80 C for deduction up to Rs. 1.50 lakh
Dec 10, 2018, 15:40 PM IST
10 key Income Tax rules will change from April 1 – All you should know
Know how the change in Income Tax rules will impact you.
Mar 30, 2018, 08:39 AM IST
40,000 railway employees to march to Parliament for better wages
The union assured that no rail services will be disrupted
Mar 13, 2018, 07:12 AM IST
Key tax changes that will come into effect from April 1 – All you should know
Check out 10 key tax changes that will come into effect from April 1
Feb 21, 2018, 07:55 AM IST
National Pension Scheme: All you should know about it after Budget 2018
One needs to remember there are many tax benefits under NPS.
Feb 13, 2018, 12:23 PM IST
ELSS can give you better returns than other tax saving options: Report
This is the high time when the investors look for better ways of tax saving in the market.
Dec 14, 2017, 12:25 PM IST
PFRDA announces range of incentives to expand pension coverage
Besides the initiatives taken -- introducing e-NPS, reducing minimum contribution levels, new investment instruments and aggressive life cycle funds, the PFRDA has now taken a further step in this direction by increasing the incentives payable to POPs, an official release from the Ministry of Finance noted.
Oct 28, 2017, 12:13 PM IST
National Pension Scheme: Age limit raised to 65 years
PFRDA has announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the current 60.
Sep 11, 2017, 13:49 PM IST