NPS Annuity Options for Subscribers NPS Annuity Options : The following are the most common variants that are available: a) Default scheme: Annuity for life of the subscriber and his or her spouse … [Read more...]
NPS Retirement Benefits for Subscribers
NPS Retirement Benefits for Subscribers What shall be my benefits, if I retire/ superannuate from NPS? Retirement/ Superannuation — Minimum Annuitisation- 40% of accumulated wealth. Maximum Lump S … [Read more...]
NPS settlement on unfortunate death
NPS settlement on unfortunate death of NPS Subscriber What are the provisions to settle the cases in the unfortunate death of the NPS subscriber during the service? As per Office Memorandum No. … [Read more...]
Conference on Portability from Superannuation and Recognized Provident Funds to National Pension System
Conference on Portability from Superannuation and Recognized Provident Funds to National Pension System Press Information Bureau Government Of India Ministry Of Finance 15-Sep-2017 Conference on … [Read more...]
Additional benefit on death/disability of Government servant covered by New Pension System
Additional benefit on death/disability of Government servant covered by New Pension System "It is once again reiterated that the aforesaid instructions may be followed scrupulously and to review all … [Read more...]
PFRDA: Exits and Withdrawals under the NPS (First Amendment) Regulations 2017
Exits and Withdrawals under the NPS (First Amendment) Regulations 2017 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEc. 4] PENSION FUND REGULATORY AND DEVELOPMENT A … [Read more...]
Advisory for deposit of NPS – Lite contributions directly by the Aggregators
Advisory for deposit of NPS - Lite contributions directly by the Aggregators PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY Circular No. PFRDA/2017/13/SWM/3 Date: 17.08.2017 To, All … [Read more...]
PFRDA conducts workshop on NPS for Corporates in coordination with FICCI at Ahmedabad
PFRDA conducts workshop on NPS for Corporates in coordination with FICCI at Ahmedabad Overall number of NPS and APY subscribers have crossed 1.60 crores with overall Asset under Management (AUM) of … [Read more...]
Tax on NPS withdrawal
Tax on NPS withdrawal The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2 … [Read more...]
Tax Exemption to National Pension System
Tax Exemption to National Pension System GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION No. *285 TO BE ANSWERED ON TUESDAY, THE 28th MARCH, 2017 7, … [Read more...]
Conference on Implementation of National Pension System by Central Government
Conference on Implementation of National Pension System by Central Government PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System … [Read more...]