Page 3 - Nps

UPS or NPS: Younger employees and risk-takers likely to stick to NPS

UPS merges elements of defined contribution and defined benefit. Under NPS, employees contribute 10 per cent of their salary while the government contributes 14 per cent

News updates: AAP leader Manish Sisodia holds 'padyatra' in Delhi's Mangolpuri area

Latest news updates: Catch all the news developments from around the world here

Budget 2024 has created a new investment avenue: NPS Vatsalya scheme

When the minor reaches adulthood, their account will automatically convert to a regular NPS account.

National pension system logs 79,000 fresh subscribers in May: NSO

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

Explained: Why Signzy is doing 'penny drop' verification of NPS subscribers

Penny Drop Verification is a process used to confirm the validity of a bank account

Budget 2024 introduces NPS Vatsalya: Invest in your child's pension now!

Parents can save for their minor kids and the plan can be converted into a full-fledged NPS account in future

Same-day settlement for NPS subscribers from July 1: Check details

The changes ensure that the benefits of same-day investments are passed on to the subscribers as applicable

8th Pay Commission: Govt gets proposal for hike in DA, basic pay, pension

With a decade between each pay commissions, the next installment is expected to take effect from January 1, 2026

Mutual funds or NPS? Go for both if you don't mind latter's lock-in

MFs offer investors access to a wider range of assets (gold and international funds), fund houses and fund managers. Barring ELSS, the open-ended funds offer anytime liquidity

Battle for retirement savings: NPS vs PPF vs EPF. Which is the best option?

You can save up to Rs. 1.5 lakh per year in NPS and get a tax deduction under Section 80C. NPS also offers an additional tax deduction of up to Rs. 50,000 per year

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

Health insurance age reform; NPS vs MF: Top personal finance stories

This week we report about how senior citizens should buy health insurance and what is a better retirement corpus

NPS vs mutual funds: The better choice to set up your retirement corpus

You cannot exit before age 60 but that is not necessarily a disadvantage

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).

Long lock-in, but safe investment: What NPS can do for your financial goals

NPS is an excellent product for retirement planning, provided you stay put till maturity

PFRDA Chairperson launches mobile app for financial inclusion, boost NPS

PFRDA Chairperson Deepak Mohanty on Thursday launched a web application developed by Zerodha Broking Limited to provide easy access to NPS for subscribers. The app offers seamless access to NPS to a wider subscriber base, the Pension Fund Regulatory and Development Authority (PFRDA) said in a statement. Mohanty said that there is merit in joining NPS at a young age to harness the benefit of compounding. NPS provides continuity to retirement saving accounts irrespective of one's employment status and is available for non-resident Indians (NRIs), it said. As youngsters are tech savvy, the facilitation by Zerodha Broking Limited would expand access to NPS, it added.

Rs 2 lakh as deduction: How to maximise tax saving with National Pension Scheme

The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.

New NPS partial withdrawal: Everything you need to know about pension rule

The Pension Fund Regulatory and Development Authority permits subscribers to make partial withdrawals from their saved pension money in the National Pension System for specific purposes

Govt may announce steps to promote, make NPS more attractive scheme

Finance Minister Nirmala Sitharaman is expected to present the interim Budget on February 1. This is going to be her sixth Budget

New provisions for partial pension withdrawal: All you need to know

The PFRDA introduced rules for partial withdrawals from National Pension System, allowing subscribers to withdraw up to 25% for specified purposes, effective from February 1