National Pension Scheme: Invest Rs 50 per day and get Rs 34 lakhs on retirement! Here’s how
The National Pension Scheme or NPS is a market-linked retirement oriented investment, in which the managers of the fund invest your money in equity and debt.
Aug 14, 2021, 22:52 PM IST
National Pension Scheme alert! Aadhaar card now mandatory for receiving benefits under NPS
The Central government had launched the National Pension Scheme for traders and self-employed individuals with annual turnover not exceeding Rs 1.5 crore in September 2019 to provide them with an investment option, wherein they can save for their retirement.
Aug 12, 2021, 16:08 PM IST
Soon, NPS products to be sold in life insurance companies: Sources
Any individual citizen of India, both resident and Non-resident, in the age group of 18-65 years can join NPS.
Aug 02, 2021, 17:57 PM IST
Planning for your retirement? Check 5 government pension schemes before investing
At present, several state-backed organisations such as Life Insurance Corporation of India (LIC), National Pension System (NPS) trust, and India Post Office, among others, are offering a slew of investments options to plan your retirement
Aug 01, 2021, 20:26 PM IST
NPS Withdrawal: 10 most common reasons why money is not credited into your savings bank A/c
PFRDA has identified 10 most common reasons why Money is not credited into the Savings Bank Account of the NPS subscribers.
Jul 30, 2021, 13:23 PM IST
NPS Subscribers alert! Know how PFRDA's Penny drop facility will ensure timely credit of fund withdrawal
In order to resolve the issue of return of remittances and to protect the interest of subscribers with timely credit of amount, PFRDA has devised a facility called ‘penny drop’.
Jul 28, 2021, 12:37 PM IST
Big news for pensioners! NPS withdrawal rules changed, check details here
Pension Fund Regulatory and Development Authority has now allowed NPS subscribers to withdraw the entire accumulated pension wealth without purchasing annuity if the pension corpus is less than Rs 5 lakh.
Jun 17, 2021, 09:05 AM IST
PPF or NPS? Invest THIS much monthly to earn Rs 1 crore on maturity
If you invest Rs 12,500 per month in PPF, at the current rate of 7.1% interest rate compounded annually, you will earn Rs 1 crore in 25 years.
Jun 12, 2021, 13:03 PM IST
Good news for NPS subscribers! Pensioners may be allowed to withdraw their entire lifetime contribution with higher threshold
Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS.
May 20, 2021, 08:38 AM IST
Invest Rs 50, get Rs 34 lakhs! THIS scheme is your perfect retirement delight
Under this scheme, your money in NPS will get invested in two instruments: stock market and debt.
May 08, 2021, 07:36 AM IST
Pensioners alert! Govt extends payment of provisional pension up to 1 year period
At a meeting held online with senior officers of the Department of Pension and DARPG, the Minister said that provisional family pension was also liberalized.
May 06, 2021, 07:26 AM IST
Set aside Rs 74 per day for THIS scheme and earn 1 crore upon retirement
The key to reaping a good return on any investment lies in investing at an early age, hence this mantra should always be kept in mind.
Apr 26, 2021, 18:06 PM IST
National Pension System update! Entry limit age may be increased to 70 years
The Indian government had launched National Pension System (NPS) in 2009. The scheme offers an investment opportunity to all organised sector employees working in India.
Apr 17, 2021, 12:32 PM IST
Good news for NPS subscribers! PFRDA to raise entry age limit to 70 years, exit to 75
PFRDA is also planning to give its subscribers an option of parking 40 per cent of the corpus that is mandatory to purchase an annuity at the time of retirement with a pension fund manager to get better benefits.
Apr 16, 2021, 13:58 PM IST
Big update on central government employees pension, notification on NPS benefits issued
The present notification provides a detail guideline for processing various benefits /facility available to NPS employees.
Apr 02, 2021, 13:58 PM IST
PFRDA extends direct remittance facility for non-resident subscribers of NPS
D-Remit offers a convenient mode of depositing voluntary contributions into NPS and also optimises the long-term retirement wealth creation by offering same-day NAV (net asset value), it added. Through this, periodic NPS contributions can be automated for any defined amount and for any defined date from the subscribers bank account.
Feb 05, 2021, 10:50 AM IST
Good news for pension subscribers! NPS, Atal Pension Yojna digital journey further simplified; here's all you need to know
The online e-KYC (Know Your Customer) will further simplify the process of account opening as it offers the subscribers a NPS digital journey, PFRDA said in a release.
PFRDA said it has enabled various digital enablers such as OTP-based authentication, paperless on-boarding, e-sign-based authentication, video customer identification to facilitate remote on-boarding, online exit tools, online enrolment for government sector subscribers, among others.
Feb 03, 2021, 09:28 AM IST
Union Budget 2021: Invest Rs 50,000 in NPS and get additional tax benefits over and above Rs 1.5 lakh under section 80C
Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS. Although, opening multiple NPS accounts for an individual is not allowed under NPS, an Individual can have one account in NPS and another account in Atal Pension Yojna.
Jan 31, 2021, 18:15 PM IST
Union Budget 2021: Will ask govt to make employers' contribution, tier-II account tax free for all: PFRDA
"There is this tier-II NPS account which was made tax free exclusively for the central government employees recently. So there also, we would request the government to give the facility to all the subscribers. In the tax-free tier II account we are keeping a lock-in period of 3 years because you are getting the tax-free status...And we want it to be extended to all the other employees," he added.
Nov 16, 2020, 09:45 AM IST
NPS Vs PPF corpus calculation: Know how much retirement fund you can build
The critical times that we live in has made us realise about our future planning and how well we can map it out for a good retirement fund.
Oct 21, 2020, 18:10 PM IST
