national pension system

Indians are becoming more financially literate and looking for ways to ensure a comfortable living long after their working age is up. The Indian government's National Pension System (NPS) has recently gained popularity over the years.…

Committee to suggest changes, if necessary, for the existing structure of NPS.The committee aims to improve the pension benefits of the beneficiaries under the National Pension System (NPS).The Ministry of Finance has set up a committee to…

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Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The committee would suggest whether in the light of the existing framework and structure of the…

In active choice, the subscriber tells in which assets his money is to be invested.If you are an Indian citizen between the age of 18 to 70 years, you can invest in NPS.The National Pension System (NPS) provides you with financial security…

Last Updated: March 23, 2023, 08:35 ISTNPS is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA). All residential and non-residential Indians aged between 18-70 years are eligible to open an account…

The National Pension System is a government-sponsored retirement saving option where individuals can contribute a monthly amount to withdraw regular income after retirement.The total pension assets under management as on March 4, 2023,…

In a significant move, the Centre decided to offer a one-time option for the ‘Old Pension Scheme’ to a select group of central government employees. According to a notification issued by the Ministry of Personnel, the move was initiated…

<!-- -->There may be less costly ways of addressing concerns, Raghuram Rajan said. (File)New Delhi: Former RBI Governor Raghuram Rajan has expressed his concern over the decision of some states to restart the old pension scheme and…

National Pension Scheme Rule Change From April 1National Pension System (NPS) offers affordable social security to citizens. It is low-cost, tax-efficient plan to which both employees and employers contribute.Market-linked, defined…