National Pension System

Moving abroad? Changes you must make in your bank, demat, and MF accounts

NRIs must also comply with the tax filing norms that apply to them once their residency status changes

Unified Pension Scheme notified for central govt employees: What it offers

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees

Year-end portfolio review, Vatsalya scheme: Top personal finance stories

This week report about how to check and balance your financial investments and how a government scheme for children's retirement scheme works

NBBL introduces national pension system on Bharat Connect platform

With this partnership, individual investors will be able to contribute to existing NPS accounts with the help of Bharat Connect-enabled platforms

How NPS Works for Government Employees?

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FM Nirmala Sitharaman to launch NPS-Vatsalya scheme on September 18

NPS-Vatsalya scheme is designed as a variant of the existing National Pension System (NPS), specifically tailored for younger individuals

OCI income tax depends on person's residency status under I-T Act

Now, let's explore what the OCI status means, the investments OCIs can make in India, and how they are taxed

New pension norms in the works; finance ministry to meet state govts

Approved by the Union Cabinet on Saturday, the UPS kicks in from April 1, 2025

Unified Pension Scheme: U in UPS stands for Modi govt's U-turns, says Cong

The Congress on Sunday took a jibe at the Centre over its announcement of the Unified Pension Scheme, saying the 'U' in UPS stands for Modi government's "U-turns". The opposition party's swipe came a day after the Union Cabinet approved an assured pension of 50 per cent of salary for those who joined the service after January 1, 2004, under the National Pension System (NPS). Fulfilling long pending demands of government employees ahead of assembly elections in Haryana and Jammu and Kashmir, the Cabinet meeting, chaired by Prime Minister Narendra Modi, approved the Unified Pension Scheme (UPS), which assures guaranteed pension. Taking a dig at the government, Congress president Mallikarjun Kharge said, "The 'U' in UPS stands for Modi Govt's U turns! Post June 4, the power of the people has prevailed over the arrogance of power of the Prime Minister." "Rollback in the budget regarding Long Term Capital Gain/Indexation. Sending Waqf Bill to JPC. Rollback of Broadcast Bill. Rollback o

Improved data security to withdrawal flexibility: NPS changes you must know

Subscribers can claim an exemption of up to Rs 1,50,000 lakh with NPS under Section 80C, Section 80CCC, and Section 80CCD (1) of the Income Tax Act, 1961

NPS has new login rules: here is the step-by-step process

Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new security layer in the National Pension System (NPS).

NPS investment and luxury dinnerware: Top personal finance stories

Our top stories this week explain National Pension System's performance and how tableware makes eating elegant

National pension system added 21.5% fewer corporate subscribers in 2023

Saw 158,212 new subscribers last year compared to 201,517 during 2022

After farmers, railway unions threaten protests from May 1: Here's why

Several unions of railway employees have announced that they might bring a halt to all train services from May 1 if their demand of reinstating the Old Pension Scheme is not met

Fresh NPS adoption by companies rises 9% in December, shows NSO data

The corporate component of the scheme is voluntary in nature and includes people working in public sector organisations, private limited companies or public sector banks, among others

PFRDA eases business processes with simplified trustee appointments

NPS Trust has been established by the PFRDA for taking care of the assets and funds under the NPS

CM Bhajanlal Sharma announces increase in pension, bonus to farmers

Rajasthan Chief Minister Bhajanlal Sharma on Tuesday announced an increase in social security pension for widows and elderly and bonus to farmers on minimum support price for wheat crop. Replying to a debate on the motion of thanks to the governor's speech in the state assembly, he also targeted the previous Congress government over various issues, including law and order and recruitment exam paper leaks, and said the BJP government will fulfil all its poll promises and establish the rule of law in the state. The chief minister said that a decision has been taken to increase the amount under PM Kisan Samman Nidhi in the state from Rs 6,000 to Rs 8,000 annually in the first phase. This will put an additional financial burden of Rs 1,300 crore on the state. Sharma said the BJP had promised to give a bonus on the MSP for wheat. In the first phase, a bonus of Rs 125 will be given on wheat, after which its MSP in the state will be increased from Rs 2,275 to Rs 2,400. This will put an ...

Fresh NPS adoption by corporate sector slips to 34-month low in Nov: NSO

Data shows that the addition of new monthly subscribers under the corporate segment fell by approximately 25 per cent to 7,728 in November from 10,341 in October

NPS: Ambit of reasons for withdrawal expanded; use facility cautiously

Withdrawal made during tenure for other goals will erode retirement corpus

PFRDA asks lenders to shore up private sector subscribers under NPS

The chairman said the decline seen in e-NPS (voluntary accounts) was responsible for the slow pace of enrolments this year