Sat, Apr 01, 2023
NPS rule change from April 1: The Pension Fund Regulatory and Development Authority, through a circular dated February 22, 2023, had announced that the mandatory uploading of documents from the beginning of FY24 would be in the best interest of subscribers, ensuring that they receive their annuity income in a timely manner.
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Thu, Feb 23, 2023
New Income Tax slabs FY 2023-24: Taxpayers are allowed to claim three deductions under the New Income Tax regime. The New Income Tax regime will also be the default option, starting financial year 2023-24.
Fri, Jan 20, 2023
Budget 2023: One such scheme where taxpayers are hopeful of a modification is the National Pension Scheme or NPS.
Tue, Apr 26, 2022
In addition to Rajasthan and Chhattisgarh, many states, including Punjab, Tamil Nadu, and Jharkhand, are preparing to implement the old pension scheme.
Mon, Apr 18, 2022
The National Pension System (NPS) was introduced by the Pension Fund Regulatory and Development Authority in 2004. NPS accounts can be opened by citizens between 18 and 60 years of age.
Thu, Mar 10, 2022
The number of subscribers under two flagship pension schemes by PFRDA jumped 22 percent year-on-year to more than 5.07 crore by the end of February.
Wed, Mar 27, 2019
According to information given on PFRDA's website - pfrda.org.in, the subscriber can exercise this option by selecting an "active" approach to allocate money. NPS offers a number of funds and investment options, and the subscriber gets two types of investment modes - active and auto.
Mon, Jan 28, 2019
Three popular products that help save tax and deliver decent returns are - Equity-Linked Savings Scheme (ELSS), Unit Linked Investment Plans (ULIPs) and National Pension Scheme (NPSS). All three schemes come with different features and target different investors. Equity-Linked Savings Scheme (ELSS) is one of the most populat investment options among people in India.
Tue, Jan 22, 2019
There are several investment options that give very high annual returns but investors remain keen on the risk involved. Therefore they prefer opting for government-backed schemes that are high or stable on earnings with zero or low risk of principal amount invested.
Thu, Mar 22, 2018
The most unfortunate part comes when people invest in any financial product purely from saving taxes without considering the other aspects like as explained in the article for NPS investments.
Fri, Jun 17, 2016
The Finance Ministry today said non resident indians (NRIs) can now open National Pension Savings (NPS) accounts online if they have Aadhaar Card or PAN card. "NRIs can now open NPS Accounts online if they have Aadhaar Card or PAN card," the Finance Ministry said in a statement.
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