Page 5 - Nps Scheme

India's $35 billion government pension fund plans equities boost

India's equity culture may also get a boost from a stewardship code to be rolled out for the country's fund managers to push for corporate-governance best practices

NPS catches investors' fancy

Sound returns and additional tax benefit of Rs 50,000 have led to doubling of subscribers

NPS needs level playing field to become popular: PFRDA

Pension body says coverage under the corporate and all citizen model has not been encouraging

Retail NPS more than doubles in one year

Total assets under management of NPS has reached Rs 1.38 trillion, out of which Rs 3,000 crore are of retail assets

Agents can charge up to Rs 5,000 from people joining NPS online

Service charges collected through eNPS platform to be paid to agents on quarterly basis after reconciliation of account

Industry hails proposal for 40% tax benefit on NPS scheme

Earlier, the entire amount was taxable, but for the first time NPS has been given tax benefit in budgetary proposals