Ministry of Finance Partial Withdrawal under NPS 06 MAR 2018 The Pension Fund Regulatory Development Authority (PFRDA) has relaxed the norms for partial withdrawal under the National Pension Scheme (NPS). In accordance with the PFRDA (Exits and Withdrawals under the National Pension System) (First Amendment) Regulations 2017, the subscriber ought to be subscribed to the … [Read more...] about Partial Withdrawal under NPS
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National Pension Scheme
Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS
Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS - Private Sector In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased the maximum age of joining under … [Read more...] about Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS
PFRDA conducts workshop on National Pension System (NPS) for Corporates in coordination with FICCI at Ahmedabad; Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of more than 1,87,000 crores
PFRDA conducts workshop on National Pension System (NPS) for Corporates in coordination with FICCI at Ahmedabad; Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of more than 1,87,000 crores Pension Fund Regulatory Development Authority (PFRDA) in its endeavor to promote NPS among the Corporates have embarked upon … [Read more...] about PFRDA conducts workshop on National Pension System (NPS) for Corporates in coordination with FICCI at Ahmedabad; Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of more than 1,87,000 crores
Centre introduces provision of taxation on NPS in Income Tax Act
Centre introduces provision of taxation on NPS in Income Tax Act Press Information Bureau Government Of India Ministry Of Defence Dated: 11-04-2017 Tax on NPS The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 ('Act') vide Finance Act, 2016 by inserting clause (12A) in … [Read more...] about Centre introduces provision of taxation on NPS in Income Tax Act
RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM
RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA UN STARRED QUESTION NO. 2130 TO BE ANSWERED ON MARCH 21, 2017/PHALGUNA 30, 1938 (SAKA) RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM 2130. Shri T. G. Venkatesh Will the … [Read more...] about RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM
7th Pay Commission : From Higher Allowance to Implementation where does the story Stands
7th Pay Commission : From Higher Allowance to Implementation where does the story Stands 7th Pay Commission : On Friday senior officials of Union Cabinet were expected to meet members of the panel over Higher Allowance and National Pension Scheme (NPS). However sources indicate that the meeting did not take place. As almost a year has passed, we try to figure out where … [Read more...] about 7th Pay Commission : From Higher Allowance to Implementation where does the story Stands
NPS COMMITTEE – HOPES for younger generation of Central Government Employees Shattered
NPS COMMITTEE - HOPES for younger generation of Central Government Employees Shattered NPS committee constituted by the Government to streamline the National Pension System has called the JCM Staff Side for second round of discussion on 10.02.2017. As per the notified agenda, the committee is proposing discussion on only cosmetic changes in NPS. Basic issues such as (1) … [Read more...] about NPS COMMITTEE – HOPES for younger generation of Central Government Employees Shattered
EPFO plans to hike minimum pension to Rs.2k
EPFO plans to hike minimum pension to Rs.2k The Employees Provident Fund Organization (EPFO) is considering an option to double the minimum pension amount to Rs.2,000. The financial implications of the move are being measured. There were plans to announce the decision before the strike of central trade unions on September 2. However, sources said, the move might have been … [Read more...] about EPFO plans to hike minimum pension to Rs.2k
Tax benefit available under National Pension System (NPS) – AIRF
Tax benefit available under National Pension System (NPS) – AIRF GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) RBE No. 31/2016 No 2012/F(E)III/1(1)/4 Dated: 07.04.2016 The GMs/FA&CAOs, All Indian Railways/Production Units/RDSO. (As per mailing list) Subject: Tax benefit available under National Pension System … [Read more...] about Tax benefit available under National Pension System (NPS) – AIRF
Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Measures for moving towards a pensioned society
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