Tag: #nps

Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts
Posted in Finance

Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts

The government wants to encourage people to move to the new tax regime which combines lower tax rates with a very limited number of exemptions….

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Several users have complained of errors in the app.
Posted in Business

NPS Trust launches ‘user-friendly’ app, subscribers complain of glitches

The National Pension System Trust (NPS Trust), responsible for managing funds under the National Pension System (NPS), announced on Tuesday that it has launched a…

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Committee on review of pension system for govt employees consulting stakeholders: FinMin
Posted in Economy

Committee on review of pension system for govt employees consulting stakeholders: FinMin

The Finance Secretary-headed committee to review the pension system for government employees is in the process of consulting stakeholders and is yet to finalise its…

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nps: PFRDA plans to introduce systematic withdrawal plan under NPS by September: Chairman Deepak Mohanty
Posted in Economy

nps: PFRDA plans to introduce systematic withdrawal plan under NPS by September: Chairman Deepak Mohanty

Pension fund regulator PFRDA plans to come out with a systematic withdrawal plan which will provide flexibility to pension account holders to withdraw a lump…

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pfrda: Asset under management may cross magical number of Rs 10 lakh crore by September: PFRDA Chairman
Posted in Economy

pfrda: Asset under management may cross magical number of Rs 10 lakh crore by September: PFRDA Chairman

The AUM under pension schemes is expected to cross the landmark figure of Rs 10 lakh crore in the first half of this fiscal, helped…

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PFRDA: Minimum assured return scheme in works; to be launched soon: PFRDA Chairman
Posted in Economy

PFRDA: Minimum assured return scheme in works; to be launched soon: PFRDA Chairman

Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty on Wednesday said the regulator is working on a pension scheme which could provide minimum…

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Inside Image (1).
Posted in Economy

Pension regulator wants capital cover for assured return plans

India’s pensions fund regulator will ensure that the entities offering minimum assured return schemes (MARS) are adequately capitalised and that there are enough firewalls to…

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Formal job creation picks up in March
Posted in Economy

Formal job creation picks up in March

Formal job creation ended the year on a high, registering double digit increases across all categories in March compared with the previous month, a data…

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The pension scheme in which central government employees are registered has returned 9.4% since inception.(HT File/ Representative Purpose)
Posted in Business

NPS delivers ‘exceedingly good’ returns compared to benchmarks

India’s national pension scheme offers “exceedingly good” returns of 9-12%, compared to most benchmarks, a top official at the pension fund regulator said on Tuesday….

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

nps: ‘NPS has generated competitive returns’

(This story originally appeared in on May 06, 2023) Deepak Mohanty, an old RBI hand, has taken over as the chairman of the Pension Fund…

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