Category: National Pension Scheme
NPS-Choice of Pension Fund or Investment pattern in Tire-I, Compensation for non-deposit or delayed deposit of contributions during 2004-2012-Amendment MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st January, 2019 F. No. 1/3/2016-PR.—In partial modification of para 1(i) of Ministry of Finance’s Gazette Notification No. 5/7/2003-ECB-PR …
NPS Withdrawal Norms The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. Keeping in view the possibility of sudden financial needs of the subscribers, the requirement of minimum period under National Pension System (NPS) for availing the …
Tax exemption limit for lump sum NPS withdrawals on exit increased to 60% making entire withdrawal exempt As per Press Release of Finance Ministry, the Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). 1. Enhancement of the …
Partial Withdrawal under NPS The Pension Fund Regulatory Development Authority (PFRDA) has relaxed the norms for partial withdrawal under the National Pension Scheme (NPS). In accordance with the PFRDA (Exits and Withdrawals under the National Pension System) (First Amendment) Regulations 2017, the subscriber ought to be subscribed to …
Maximum age of joining NPS increased from existing 60 to 65 years. any Indian Citizen, resident or non-resident, between age of 60- 65 years, can join NPS Press Information Bureau Government of India Ministry of Finance 01-November-2017 17:08 IST Maximum age of joining National Pension System (NPS) increased …
Retirements Advisers under PFRDA to provide security deposit or bank guarantee if they are individuals or carrying on proprietary concerns PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION New Delhi, the 11th September, 2017 PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (RETIREMENT ADVISER) (THIRD AMENDMENT) REGULATIONS, 2017 No.PFRDA/12/RGL/139/10.— In exercise …
Extension of NPS Fortnight from 11th July 2017 to 21st July 2017. Download NPS Mobile Application Ministry of Finance Press Release Dated: 10th July, 2017 Extension of NPS Fortnight from 11th July 2017 to 21st July 2017 . With a view to promote and create awareness about the …
NPS New Functionalities to provide ease of operation for benefit of subscribers/nodal officers.Simplification of account opening, withdrawal, grievance management etc. Press Information Bureau Press Release 1st June, 2017 New Functionalities released under NPS to provide the ease of operation for the benefit of subscribers and nodal offices. Pension …
Procedure to transfer of amount from Recognized PF & Superannuation Fund to National Pension Scheme NPS. Clarification from PFRDA Clarification by Pension Fund Regulatory and Development Authority (PFRDA) on transfer of amount from Recognized Provident Fund & Superannuation Fund to National Pension Scheme (NPS) …
Fee for NPS Advisors-Three types of fees can be charged by retirement adviser from the subscribers to whom retirement advice had been given Ministry of Finance 18-November, 2016 Fee for NPS Advisors A Retirement Adviser can charge three types of fee from the subscribers to whom he/she has …