National Pension Scheme (NPS): News

18 Sep 2024

Nirmala Sitharaman

Explained: What is NPS Vatsalya, new pension plan for minors 

The National Pension System (NPS) Vatsalya scheme for minors will be launched by Finance Minister Nirmala Sitharaman on Wednesday.

24 Aug 2024

Ashwini Vaishnaw

Centre approves 'Union Pension Scheme' for government employees

The central government has approved the Union Pension Scheme (UPS), a new initiative set to benefit approximately 23 lakh central government employees.

30 Jul 2024

Business

A guide to India's National Pension System (NPS)

The National Pension System (NPS) is a government-sponsored pension scheme in India. It aims to ensure financial security and stability for citizens in retirement.

21 Feb 2024

Business

NPS accounts to support Aadhaar-based two-factor authentication: What it means

The National Pension System (NPS) is getting a security upgrade, as the Pension Fund Regulatory and Development Authority (PFRDA) plans to introduce two-factor authentication for accessing the Central Recordkeeping Agency (CRA) system.

31 Jan 2024

India

New rules for partial pension withdrawal from February 1

The Pension Fund Regulatory and Development Authority (PFRDA) in India has announced new provisions for partial withdrawals under the National Pension System (NPS).

09 Aug 2023

Delhi

Employees want old pension scheme, 'maha rally' on Thursday

Thousands of government employees will likely gather for a "maha rally" at Delhi's Ramlila Maidan on Thursday to demand the reinstatement of the old pension scheme.

29 May 2023

Personal Finance

NPS is the best retirement planning tool, here's why

The National Pension Scheme (NPS) is a great retirement savings option for individuals who want to save for their retirement in a systematic and disciplined manner.

29 May 2022

Central Government

Drawing family pension from different sources possible: Government clarifies

The central government, through an office memorandum dated May 23, has clarified that the current government pension rules don't prohibit a family member from receiving a pension from two different sources related to the same government pensioner.

04 Jan 2019

India

Railway ticketing, Aadhaar, GST, more: Major policy changes in 2019

Apart from celebrating endings and beginnings, and cooking life-amending resolutions, New year is also a good time to look ahead for official policy changes taking place in the coming year.

02 Jan 2019

India

Important changes in 2019 every Indian should be aware of

The New Year 2019 is finally here and it is now time to know what changes this year brings to our lives.

07 Dec 2018

India

#FinancialBytes: All you need to know about National Pension System

In India, a majority of citizens are not covered under any pension scheme. Many don't give enough importance to retirement planning, which is crucial for maintaining financial stability and security post-retirement.

#FinancialBytes: Income tax deductions taxpayers can claim under Section 80C

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers.

28 Aug 2018

India

#PolicyExplainer: Get upto Rs. 60,000/year post-retirement with Atal Pension Yojana

India is a "young" country with youth accounting for over 50% of the population. But once this young population starts aging, India may face a critical challenge because of an "unpensioned society" as over 90% of Indians aren't covered under any pension scheme.

25 Aug 2018

India

1.2 crore jobs created in India in 10 months

Nearly 1.2 crore jobs were created in the country in the 10-month period till June this year, as per a Central Statistics Office (CSO) report.

15 Aug 2018

India

6 common financial mistakes we make, but should avoid

Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.

12 Aug 2018

India

#PolicyExplainer: Get upto Rs. 60,000/year post-retirement with Atal Pension Yojana

India is a "young" country with youth accounting for over 50% of the population. But once this young population starts aging, India may face a critical challenge because of an "unpensioned society" as over 90% of Indians aren't covered under any pension scheme.

18 Jul 2018

India

6 common financial mistakes we make, but should avoid

Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.

30 May 2018

Business

#FinancialBytes: 6 common financial mistakes we make, but should avoid

Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.

17 Apr 2018

India

Modi-govt scheme: Invest Rs. 210 monthly, get Rs. 5,000 pension!

Does investing Rs. 210 monthly now, to get Rs. 5,000 monthly after retirement, sound like a high-returns investment plan?

14 Mar 2018

Insurance

Filling tax returns: 6 things to do before March 31

There are two weeks left to file income tax returns for the past financial year. The deadline is March 31.

21 Feb 2018

EPFO

EPFO to announce provident-fund interest today: Here's all about it

The Employees' Provident Fund Organization (EPFO) is going to announce the provident fund interest rate for its five crore subscribers for 2017-18 after a meeting of its highest decision-maker, Central Board of Trustees (CBT).

12 Dec 2017

India

Save the maximum tax under Income-Tax Sections 80C, 80CCD, 80D

December is here, and taxpayers are in a rush to utilize tax deductions to the fullest, invest in various tax-saving instruments, and submit these proofs to employers.

Investing in stocks: Know your investment options

People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.

13 Aug 2017

India

Investing in stocks: Know your investment options

People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.

29 Apr 2017

India

NPS account holders need to be FATCA compliant

One will now have to submit a self-certification of FATCA (Foreign Account Tax Compliance Act) for their National Pension System (NPS) accounts opened on or after July 1, 2014.