National Pension System

Life cycle funds: A new category, but do they fit your portfolio needs?

Check the maturity date, glide path, costs, tax treatment and exit load before investing

Annuity flexibility, tax tweaks can boost NPS growth: Axis Pension Fund CEO

Greater flexibility in retirement withdrawals and restoration of tax incentives under the new tax regime can significantly accelerate growth in the National Pension System (NPS), according to a senior industry executive. "One major issue is the compulsory 20 per cent annuity requirement. We have suggested PFRDA that with the new Retirement Income System (RIS) for de-accumulation, customers should be allowed to choose between annuity and RIS. If this flexibility is introduced, it would help significantly," Sumit Shukla, Managing Director and Chief Executive Officer of Axis Pension Fund told PTI. At present, a portion of the NPS corpus is mandatorily used to purchase annuity products at the time of retirement, though the regulator has recently introduced the Retirement Income System (RIS) framework aimed at offering more flexibility in post-retirement income planning. Shukla also pitched for restoring the additional Rs 50,000 tax deduction for NPS contributions under the new tax regim

What NPS' new asset allocation, withdrawal options mean for you

Surrender of annuity will be allowed only if it meets the terms of the contract

Pension fund managers: Why consistency and risk matter in your choice

Choosing the right NPS fund manager requires evaluating returns, risk, and portfolio strategy across equity, debt, and government securities for long-term stability

Explained: What is NPS Swasthya?

The Pension Fund Regulatory and Development Authority (PFRDA) has launched the second "Proof of Concept (POC) of NPS Swasthya", an initiative intended to provide healthcare

NPS withdrawal norms: Greater fund access comes with onus to manage risk

Systematic Unit Redemption offers market-linked returns and deferred tax payment, but does not guarantee pension for lifetime

New NPS rules explained: 10 big changes that can reshape your retirement

India’s National Pension System has just undergone one of its biggest reforms in years. Exit rules are easier, liquidity is higher, and annuity obligations are lower. But what exactly has changed

Pension parking lot expanded to gold and silver ETFs, AIFs, Invits

PFRDA has overhauled NPS investment rules, allowing wider exposure to AIFs, REITs, InvITs, commodities, IPOs and a broader equity universe to boost returns and deepen diversification

We should've competing pension products: PFRDA Chairperson S Ramann

PFRDA chief hints at 100% FDI parity, new small pension funds, and unified regulation to expand India's pension reach and improve financial literacy

Govt expands NPS, UPS options for central employees: LC75 and BLC

New LC75 and BLC schemes offer central government employees flexible equity exposure and greater control over their retirement investments

Finance ministry allows one-time switch from new pension scheme to NPS

Finance ministry notification enables Central staff under the Unified Pension Scheme to shift to NPS once, not later than a year before superannuation

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