Tag: #nps
india pension scheme: India’s pension scheme review must prioritise fiscal prudence, development spending, economists say
The federal government’s decision to review the pension scheme for its employees must not come at the cost of prudent fiscal management, economists told Reuters…
finance: Finance Ministry sets up panel to review pension system for government employees
Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would…
nps: Centre may offer financial aid to boost NPS returns
The Centre could offer financial support to bolster overall returns to government subscribers of the National Pension Scheme to make it more attractive. The finance…
National Pension Scheme: Know tax benefits, other key details
The National Pension Scheme (NPS) is a contribution pension scheme that allows an individual to plan for retirement while still working by accumulating a pension…
Subscriptions in Atal Pension Yojana (APY) sees 28% growth in last one year
Atal Pension Yojana, one of the popular pension schemes in India, has seen a growth of 28.46% in subscribers year-on-year, according to a Pension Fund…
Explained: National Pension Scheme (NPS) vs Old Pension Scheme (OPS)
With every passing day, demand for the restoration of the Old Pension Scheme (OPS) is growing louder. Some non-BJP-ruled states, including Himachal Pradesh, Rajasthan, Chhattisgarh,…
Pension Scheme: Reverting to old pension scheme to cost states dear, hit spending
Switching to the old pension scheme would be very costly for states, as rough calculations show the five states that have reverted to the old…
NPS rule change: Uploading these documents will be mandatory for withdrawal from April 1, 2023
In a bid to make annuity payments faster and simpler after exiting the National Pension System (NPS), Pension Fund Regulatory and Development Authority (PFRDA) has…
Funds deposited for NPS cannot be transferred to state governments: Centre
The central government on Monday again clarified that the funds deposited for National Pension Scheme (NPS) cannot be given to state governments as per the…
NPS: 5 key measures taken by PFRDA to enhance the NPS subscribers accessibility
In the Economic Survey 2023, the government highlighted the measures taken by Pension Fund Regulatory and Development Authority (PFRDA) to ease the accessibility of NPS…