Defined Contribution Pension Scheme (NPS) – Salient Features) Defined Contribution Pension Scheme (National Pension System) (Salient Features) The National Pension System works on defined contribution basis and will have two tiers – Tier-I an … [Read more...]
Important Announcements and Approvals in Board Meeting of PFRDA
Important Announcements and Approvals in Board Meeting of PFRDA “Modification in Partial Withdrawal rules under NPS & Increasing cap on equity investment in active choice to 75% from current 50% for Private Sector Subscribers” Ministry of Fin … [Read more...]
Scrapping of New Pension Scheme
Scrapping of New Pension Scheme Representations have been received regarding the implementation of National Pension System (NPS) which, inter alia, include demand that NPS may be scrapped and the Government may re-introduce old defined benefit … [Read more...]
Major Changes in NPS including Withdrawl Norms
Major Changes in NPS including Withdrawl Norms Three major changes in the National Pension Scheme (NPS) including withdrawal norms Relaxation of Norms for NPS The Government of India has recently made three changes in the National Pension Scheme … [Read more...]
NPS subscribers can withdraw after three years
NPS subscribers can withdraw after three years “The NPS subscribers can withdraw after three years from the date of joining the system and a maximum of three times during the entire tenure of subscription under NPS” Partial Withdrawal under NPS … [Read more...]
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