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NPS subscribers to pay for advisory services: Pension regulator
New Delhi: National Pension System (NPS) subscribers will now have to pay for seeking the services of retirement advisers as pension regulator PFRDA has permitted them to charge a fee ranging between...
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No need to submit form for NPS account if opened via Aadhaar
New Delhi: Simplifying the process, pension fund regulator PFRDA has dispensed with the requirement of submission of physical application form for NPS account opening if done through Aadhaar...
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To check misuse of NPS, PFRDA bars third party payments in Tier II accounts
New Delhi: In order to arrest the misuse of NPS, pension fund regulator PFRDA has said contribution to savings account (also called Tier-II account), which is attached to pension funds, can only be...
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Budget 2017: Know the tax relaxation under NPS
New Delhi: Finance Bill, 2017 has proposed to amend the Act to provide exemption from tax at the time of partial withdrawal by an employee from National Pension System Trust in accordance with...
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NSDL to drastically reduce charges under NPS from April 1
New Delhi: Under pressure from competition, NSDL e-Governance Infrastructure has decided to drastically cut maintenance and account opening charges for subscribers of the National Pension System (NPS)...
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NPS private subscriptions grew 60% till January: PFRDA
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said the number of private sector subscribers of New Pension Scheme (NPS) saw a 60 percent increase during the...
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NPS subscribers can shuffle fund allocation twice a year
New Delhi: Pension fund regulator PFRDA has tweaked investment norms to allow subscribers of National Pension System to change their asset allocation twice in a financial year.The new norms will come...
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No tax on fund transfer from PF to NPS: All you need to know
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has allowed members of the Employees' Provident Fund (EPF) option to move their retirement savings to the National Pension...
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PFRDA makes NPS retirement advisor registration easier
New Delhi: In order to smoothen the process of registration of retirement advisers, Pension Fund Regulatory and Development Authority (PFRDA) has transformed the process of submitting application from...
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PFRDA to update contact details of NPS subscribers
New Delhi: Pension fund regulator PFRDA will update latest contact details of National Pension System (NPS) subscribers to reduce grievances during its service fortnight starting June 27.NPS Service...
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National Pension Scheme: Age limit raised to 65 years
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) on Monday announced that the upper age limit for joining the National Pension Scheme (NPS) had been raised to 65 years, from the...
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PFRDA announces range of incentives to expand pension coverage
New Delhi: National Pension Fund Regulatory and Development Authority (PFRDA) on Saturday announced incentives to expand pension coverage in India.PFRDA announced a range of incentives payable to...
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ELSS can give you better returns than other tax saving options: Report
Mutual fund industry in India is expecting a gush of cash flow with equity linked savings schemes (ELSS) as it's just another three and half months to go before the fiscal year ends. This is the high...
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National Pension Scheme: All you should know about it after Budget 2018
Finance Minister Arun Jaitley in Budget 2018 provided relief to non-salaried subscribers by proposing to exempt tax of 40% of the total amount payable to the NPS on closure of the subscriber’s account...
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Key tax changes that will come into effect from April 1 – All you should know
New Delhi: Finance Minister Arun Jaitley did not propose any change in the tax slabs or rates for individual taxpayers in the Union Budget 2018. He however made a slew of changes in the tax band that...
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40,000 railway employees to march to Parliament for better wages
NEW DELHI: Nearly 40,000 to 50,000 people, members of various Railway unions, are holding a protest march to Parliament in the national capital on Tuesday. The unions are demanding the withdrawal of...
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10 key Income Tax rules will change from April 1 – All you should know
New Delhi: While presenting the Union Budget 2018, Finance Minister Arun Jaitley had announced a slew of changes in the tax band that will come into effect from April 1, 2018.Here are the key tax...
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Government's contribution under NPS to be raised to 14% from 10%, entire 60%...
New Delhi: The Union Cabinet on Monday approved a few changes in the National Pension System (NPS) under which the mandatory contribution by the central government for its employees covered under NPS...
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Planning for your retirement? Check 5 government pension schemes before...
New Delhi: With a plethora of investment options available in the market, planning for your retirement sometimes becomes a tedious task. At present, several state-backed organisations such as Life...
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Soon, NPS products to be sold in life insurance companies: Sources
New Delhi: The COVID-19 Pandemic has changed our viewpoint towards the pension system. The pandemic has deepened the need to have a back-up plan that takes care of our old age. It is in this backdrop...
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