The Budget provided a tax benefit on NPS investments but did nothing to address a long-standing problem. Under the current ...
Understanding NPS: Retirement planning is among the most critical areas of personal finance. With growing life expectancy and escalating expenses, it has become extremely essential to have a financial ...
The clock is ticking for nearly 23 lakh central government employees who must decide whether to stay with the National Pension System (NPS) or migrate to the newly launched Unified Pension Scheme (UPS ...
Missing these deadlines linked to PAN, NPS and ITR revision may lead to penalties and other financial complications.
The regulator upheld the merger of Scheme A with larger asset classes citing its small corpus and concentration risk. The move improves diversification, stability, and long-term retirement outcomes ...
While looking for a financially secure future, an investor should gain an understanding of retirement planning. Amongst the different retirement plans available in India, EPF & NPS are the ...
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced significant changes to the National Pension ...
The PFRDA has significantly overhauled the National Pension System (NPS), reducing the mandatory annuity requirement from 40% ...
Under the new rules, you will now need to invest only Rs 4 lakh (20%) in an annuity product. The remaining 80% can be withdrawn as a lump sum — the tax treatment on this withdrawal would still be ...