NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...
Scheduled Commercial Banks can now sponsor pension funds. PFRDA has revised charges for Points of Presence in NPS schemes.
India’s NPS rules have changed. From 100% lump-sum withdrawals to relaxed exit norms, here’s what the new NPS reforms mean ...
Section 80CCD allows taxpayers to claim deductions on amounts they contribute to government-backed pension schemes such as ...
Recent reforms have addressed long-standing concerns around lock-ins, annuitization and equity exposure, strengthening the ...
PFRDA approves major NPS reforms, allowing Scheduled Commercial Banks to sponsor Pension Funds and appoints Dinesh Kumar ...
More bank-led pension funds mean wider access, sharper competition, and better NPS experiences for long-term savers, say ...
PFRDA has approved key reforms to allow scheduled banks to set up pension funds and revised NPS fee structures to boost ...
NPS Vatsalya Scheme: Union Finance Minister Nirmala Sitharaman on September 19 launched the National Pension System Vatsalya (NPS Vatsalya) scheme, ‘a pension scheme for minors’. The NPS Vatsalya was ...
Recent changes to the National Pension System have made the product more flexible, allowing higher lump-sum withdrawals and ...
Planning for retirement might not be a priority when you're 25, but starting early can significantly reduce the financial pressure later in life. One of the most effective tools for long-term ...
Budget 2024: NPS-Vatsalya is a plan for contribution by parents and guardians for minors will be started. On attaining the age of majority, the plan can be converted seamlessly into a normal NPS ...