Mumbai (Maharashtra) [India], September 18: HDFC Pension Fund Management Limited (HDFC Pension), the largest private sector Pension Fund Manager under the National Pension System (NPS), has reached a significant milestone, surpassing Rs. 1,00,000 crore in Assets Under Management (AUM) as of
Congress MP Manickam Tagore on Monday took a dig at Prime Minister Narendra Modi saying that his government launched the Unified Pension Scheme because he depended on allies to stay in power.
The report noted that despite the challenges faced by the private equity industry, including a liquidity squeeze and declining distributions from major firms, India remains a favorable environment for capital raising and investment opportunities.
It is important to note that many opposition-ruled states are moving back to Old Pension Scheme, or are mulling to, facing demands from government employees and other pressure groups.
New Delhi [India], July 2: Financial security in retirement is a growing concern nowadays. This is where options like the National Pension System (NPS) emerge for individuals seeking stability and comfort during their golden years. With its structured approach and various benefits, the NPS h
The National Pension System (NPS) was introduced for all Central Government employees (excluding armed forces) joining the workforce on or after January 1, 2004.
New Delhi [India], April 29: Max Life Pension Fund Management Limited ("Max Life PFM" / "Company") has laid out its roadmap for FY 25, emphasizing on the importance of planning for retirement early and advocating the Government of India's product National Pension System through a series of i
To promote awareness of National Pension System among corporate entities, the Pension Fund Regulatory and Development Authority (PFRDA) organises nationwide NPS Awareness programmes for corporates titled "NPS- Foundation of a Better Future".
The amendments simplify provisions related to governance of Pension Funds in line with Companies Act, 2013, enhance disclosure by Pension Funds and reduce compliance, Finance Ministry said
Pune (Maharashtra) [India], January 31: Bajaj Markets, a subsidiary of Bajaj Finserv, offers access to a range of tax-efficient investment options on its user-friendly platform. Individuals can minimise their tax liabilities by choosing from a range of options to meet their financial goals.
"An order has been issued to cover the old pension scheme to about 13,000 government employees of the state government recruited after 2006. Even before the election, I visited the place when the National Pension System (NPS) employees were on strike and promised to fulfil the demand after w