Search For "pension system"
ICRA analytics anticipates potential changes in interim budget FY2024-25
Updated : 2 years, 1 month ago IST
The demand for eliminating the Security Transaction Tax (STT) is gaining momentum, and its removal is expected to attract more investors to the domestic equity markets.
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Max Life PFM, PFRDA Mark NPS Diwas with a Discussion on Financial Empowerm
Updated : 2 years, 4 months ago IST
New Delhi [India], October 18: Max Life Pension Fund Management Ltd. (Max Life PFM), a wholly owned subsidiary of Max Life Insurance Company Ltd. ("Max Life"/"Company"), organized a panel discussion on the theme of "Building Bridges to Financial Confidence: Empowering Women in Finance" to ma
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Top Benefits of Availing National Pension System (NPS)
Updated : 2 years, 4 months ago IST
New Delhi [India], October 16: The World Senior Citizen Day celebrated on August 21, 2023, served as a reminder of the invaluable contributions made by our elders. The Indian Government, over the years, has made significant strides in acknowledging and rewarding the lifetime of hard work
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HDFC Pension Launches a First-of-its-kind National Pension System (NPS) Pr
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29: HDFC Pension, one of India’s leading Pension Fund Managers, has been at the forefront in creating consumer awareness amongst Indians about retirement planning using the National Pension System (NPS).
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No proposal to tweak current pension system: MoS Finance Pankaj Chaudhary
Updated : 2 years, 7 months ago IST
A member asked the government whether it intends to assure its employees the pension of 40 per cent to 45 per cent of the last drawn salary replacing the existing market-linked pension.
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Centre rubbishes media report on possible tweak in pension system, says no
Updated : 2 years, 8 months ago IST
"The committee, set up under the chairmanship of the Finance Secretary in pursuance of an announcement made by the Union Finance Minister in the Lok Sabha in the last Budget Session, is at present in the midst of its deliberations and is in the process of consulting stakeholders," the Fin
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All you need to know about the new NPS Withdrawal Rule
Updated : 2 years, 8 months ago IST
New Delhi [India], June 21: Indians are becoming more financially literate and looking for ways to ensure a comfortable living long after their working age is up. The Indian government's National Pension System (NPS) has recently gained popularity over the years. With NPS, individuals can co
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HDFC Pension's Assets Under Management cross Rs 50,000 Cr.
Updated : 2 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS) has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch i
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Important documents required for withdrawing funds from NPS after 1st Apri
Updated : 2 years, 10 months ago IST
New Delhi [India], April 27 (ANI/ATK): In February 2023, the Pension Fund Regulatory and Development Authority (PFRDA) issued a circular, mandating NPS subscribers to upload a few documents effective from April 1st, 2023. The pension body mentioned that uploading these documents would ensure
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Finance Bill passed in Lok Sabha, FM Sitharaman announces committee to loo
Updated : 2 years, 11 months ago IST
Nirmala Sitharaman said that the committee will set up for looking into the pension system, such as to address the needs of employees, while also maintaining the fiscal prudence of the country.
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National Pension System: 567,116 beneficiaries at present
Updated : 2 years, 11 months ago IST
There are 567,116 beneficiaries above the age of 60 years currently under the National Pension System (NPS), Union Minister of State for Finance Bhagwat Kisanrao Karad informed Parliament in a written reply to a question on Monday.
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Sacked BSF constable arrested for siphoning off lakhs from retirement fund
Updated : 3 years ago IST
The accused Ghanshyam Yadav, 33, a native of Prayagraj, himself was a BSF constable, before being dismissed from services in 2019 for being absent without permission.
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