No need to submit form for NPS account if opened via Aadhaar
Simplifying the process, pension fund regulator PFRDA has dispensed with the requirement of submission of physical application form for NPS account opening if done through Aadhaar verification and e-Signature.
Jan 01, 2017, 12:00 PM IST
NPS subscribers to pay for advisory services: Pension regulator
National Pension System (NPS) subscribers will now have to pay for seeking the services of retirement advisers as pension regulator PFRDA has permitted them to charge a fee ranging between Rs 100 and Rs 1,000.
Sep 23, 2016, 19:34 PM IST
India 'A' leads table with 11 points despite match with South Africa 'A' being abandoned due to rain
The Indians were struggling for most part of the 35.2 overs bowled today after being put in to bat at the Harrup Park.
Aug 25, 2016, 15:30 PM IST
India A skipper Manish Pandey fined for showing dissent after dismissal
The 26-year-old was found to have breached Article 2.1.5, which relates to showing dissent at an umpire`s decision during an international match.
Aug 24, 2016, 13:32 PM IST
India A thump NPS by 86 runs in Quadrangular Series
This is India A's second win in three matches having beaten South Africa A in the last game.
Aug 21, 2016, 23:58 PM IST
Retail NPS more than doubles in one year
Post the budgetary provision to provide tax benefits up to 40 percent of maturity of investment in National Pension Scheme, the retail segment of NPS has grown by over 100 percent over the past one year.
Aug 16, 2016, 10:42 AM IST
NPS: PFRDA lowers minimum contribution to Rs 1,000 per year
To encourage more people to join the National Pension System, regulator PFRDA has substantially lowered the minimum annual contribution to Rs 1,000 to keep the account active.
Aug 15, 2016, 10:46 AM IST
No switch yet from EPF to NPS; need govt clarity: PFRDA
Not a single migration has taken place yet from EPF pension plan to NPS even after a year of government allowing the one-time switch as modalities are yet to be worked out, PFRDA chairman said Wednesday.
Jul 27, 2016, 19:12 PM IST
7th Pay Commission: NPS funds earned more than PF in last six months
In the past six months, their retirement savings have earned more than what the Provident Fund offers in a full year.
Jul 27, 2016, 17:42 PM IST
NRIs can now join NPS online through eNPS: Finance Ministry
The Finance Ministry today said non resident indians (NRIs) can now open National Pension Savings (NPS) accounts online if they have Aadhaar Card or PAN card.
Jun 17, 2016, 18:25 PM IST
PFRDA to train 75,000 people to drive NPS
Pension fund regulator PFRDA proposes to train 75,000 people who will form a "totally committed" workforce for the implementation of government's National Pension System
Mar 27, 2016, 17:04 PM IST
Industry hails proposal for tax benefit on NPS scheme
Even as the pension fund industry waits eagerly for any possible changes on tax benefits on pension investment in the Budget proposals, the industry has hailed the existing proposal to provide tax benefit on 40 per cent of withdrawal amount at the maturity of any NPS scheme
Mar 07, 2016, 20:06 PM IST
PPF stays on exemption list; govt to consider partial rollback of tax on EPF withdrawals
The government on Tuesday promised to consider demands for a partial rollback of the proposal to tax 60 percent of withdrawals from provident fund and a ceiling on employers contribution but made it clear that PPF will continue to be exempt from tax.
Mar 01, 2016, 17:50 PM IST
Budget 2016: PF investment beyond Rs 1.5 lakh may not remain profitable
The Finance Ministry is mulling on introducing penalties on PF investments beyond the limit of Rs 1.5 lakh.
Feb 22, 2016, 12:35 PM IST
PFRDA switches to PAN for online enrolment under NPS
Pension fund regulatory body PFRDA has started using PAN instead of Aadhaar for validation of new customers who can now be registered online under the National Pension System (NPS) scheme.
Dec 20, 2015, 17:02 PM IST
Centre asks states not to delay PF remittances deposit
The Centre on Thursday suggested the states should deposit the remittances collected quickly into the PFRDA system so that they do not lose out on interest.
Dec 10, 2015, 15:40 PM IST
Indian banks more stable but challenges remain: Fitch
Public sector banks require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.
Nov 26, 2015, 16:07 PM IST
Only online withdrawals of pensions from April 2016: Pension regulator
Pension fund regulator PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year.
Nov 22, 2015, 17:17 PM IST
RBI allows NRIs to subscribe to National Pension System
To enable Indians living abroad to access old age income security, Reserve Bank Thursday allowed non-resident Indians (NRIs) to subscribe to the National Pension System (NPS).
Oct 29, 2015, 23:13 PM IST
Pension biz of life insurers plunges 90% to Rs 2k cr in FY15
The pension business of life insurance players is down to a meagre Rs 2,000 crore in 2014-15, from Rs 20,000 crore in 2009-10.
Aug 23, 2015, 15:02 PM IST
