Search For "pension"
NPS suffering under new tax regime, needs tax benefit of Rs 50,000 under 8
Updated : 2 months, 2 weeks 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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"We are creating liabilities for next generation": Sanjeev Sanyal on 'fre
Updated : 2 months, 2 weeks ago IST
Drawing comparisons with Europe, Sanyal highlighted the strain caused by ageing populations. "In several European countries, retirement ages are being pushed toward 70 or even 75. France today has more people receiving pensions than people working," he said, warning that similar dynamics cou
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ICICI Prudential PFM Launches ICICI PF NPS D.R.E.A.M. Plan Under MSF - A D
Updated : 2 months, 3 weeks ago IST
New Delhi [India], December 23: In a major move to redefine retirement investing for India's new-age workforce, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of the NPS D.R.E.A.M. Plan (Dynamic Reallocation Enhanced Accumulation Model) under the Mult
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PoJK university reports record deficit of 1.3 bln, demands immediate govt
Updated : 2 months, 3 weeks ago IST
The institution has described the shortfall as unmanageable without urgent government support.
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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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500 HRTC buses to be phased out, replaced by 747 new vehicles; HRTC to eme
Updated : 2 months, 3 weeks ago IST
Chief Minister Mukesh Agnihotri on Friday said that 500 old and unfit buses of the Himachal Road Transport Corporation (HRTC) will be taken out of service within the next two months and replaced by 747 new buses, as part of a major overhaul of the corporation's fleet and services.
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Gujarat CM reviews state departments' budget expenditure, calls for streng
Updated : 2 months, 3 weeks ago IST
CM Bhupendra Patel highlighted the importance of timely implementation of schemes for individual beneficiaries, including scholarships, old-age pensions, and widow assistance, ensuring they reach genuine beneficiaries. He also called for proper utilisation of available data to facilitate
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All India Postal, RMS and other pensioners hold protest in Shimla demandin
Updated : 2 months, 4 weeks ago IST
Members of the All India Civil Pensioners Forum staged a protest rally and sit-in at Chaura Maidan in Shimla on Wednesday, raising strong objections to recent changes proposed by the Central Government regarding pension revision. The protest was organised to demand pension revision for al
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Delhi LG Saxena gives nod for one-rank-higher honorary titles for retiring
Updated : 3 months ago IST
According to the official press release, this, however, does not constitute pensionary benefits. The release said that more than 88,000 Delhi Police Personnel will benefit from this move.
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"All pending medical bills of pensioners to be cleared within a month," sa
Updated : 3 months, 1 week ago IST
The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu, on Monday announced that all pending medical reimbursement bills of pensioners in the state will be cleared within the next one month.
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ICICI Prudential PFM Unveils 'My Family My Future': Empowering Working Wom
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: In a landmark initiative to promote inclusive financial security for Indian families, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of its latest offering under the National Pension System (NPS), 'My Family My Future'.
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Axis Max Life launches BSE 500 Dividend Leaders 50 Index Pension Fund to d
Updated : 3 months, 2 weeks ago IST
New Delhi [India], November 25: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/"Company"), has launched the BSE 500 Dividend Leaders 50 Index Pension Fund (SFIN: ULIF04017/11/25PENDIVLEAD104), a passively managed pension fund designed t
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