Search For "pension reform"
Budget 2026 should announce tax relief on bank deposits, insurance and pen
Updated : 1 month, 2 weeks ago IST
The central government in the upcoming budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings, reduce compliance challenges and improve social security coverage in the country, highlighted a report by State Bank of India (SB
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India's USD 30 trillion GDP ambition hinges on pension reform, capital eff
Updated : 2 months ago IST
The report said India cannot reach a USD 20-35 trillion GDP through investment expansion alone unless capital efficiency improves sharply and domestic savings rise on a sustained basis
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Scheduled commercial banks allowed to set up pension funds for managing NP
Updated : 2 months, 1 week ago IST
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
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NPS suffering under new tax regime, needs tax benefit of Rs 50,000 under 8
Updated : 2 months, 1 week ago IST
The pension industry has requested the government to restore the additional Rs 50,000 tax benefit for the National Pension System (NPS) under the new tax regime in the upcoming Union Budget as the incentives are critical to widen coverage beyond salaried Indians, Axis Pension Fund CEO and
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Key amendments in PFRDA rules give more freedom to National Pension System
Updated : 2 months, 3 weeks ago IST
The Pension Fund Regulatory and Development Authority (PFRDA) has changed the rules for how people can take money out of their National Pension System (NPS) accounts. These updates apply to the PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015. The main goal o
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"The future of the world is created in Europe," says German Chancellor Fri
Updated : 3 months, 3 weeks ago IST
German Chancellor Friedrich Merz said "the future of the world is created in Europe" as he defended EU values, warned against nationalism, attacked over-regulation, faced youth-wing criticism on pensions, and ruled out cooperation with the far-right AfD, saying "we are worlds apart."
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PFRDA invites public feedback on new proposals to enhance national pension
Updated : 5 months, 1 week ago IST
The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed Consultation Paper titled "Enhancing the National Pension System: Proposals for Flexible, Assured and Predictable Pension Schemes", inviting stakeholders across sectors to provide feedback on proposed refor
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Uttarakhand Cabinet approves implementation of Unified Pension Scheme
Updated : 1 year ago IST
The Uttarakhand Cabinet, under the chairmanship of Chief Minister Pushkar Singh Dhami, has approved the implementation of the Central Government's Unified Pension Scheme for officers and employees in the state.
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Pakistan: Government employees stage protest against pension reforms in Is
Updated : 1 year ago IST
Government employees demanded an end to what they termed as discriminatory policies, including the abolition of dual pensions and changes to the pension calculation formula. In addition, they demanded a 10 per cent rise in disability allowance.
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Pakistan: Govt employees stage protest for better salaries, reversal of pe
Updated : 1 year, 1 month ago IST
Government employees in Pakistan, under the banner of the All Government Employees Grand Alliance (AGEGA), staged a protest outside the Pakistan Secretariat on Wednesday, demanding better salaries and the reversal of recent pension reforms, as reported by the Dawn.
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Pakistan’s New pension reforms aim to reduce PKR 45 trillion liabilities a
Updated : 1 year, 2 months ago IST
The Pakistan government has imposed a ban on receiving double pensions from the national treasury to meet the requirements set by multilateral lenders such as the International Monetary Fund (IMF) and World Bank.
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Pakistan: Govt employees hold massive protests against salary cuts, pensio
Updated : 2 years, 4 months ago IST
Government employees in Khyber Pakhtunkhwa staged widespread protests on Thursday, vehemently opposing proposed salary cuts and pension reforms, as reported by Dawn.
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