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Pension Fund Regulatory Authority of India, PFRDA, is nodal agency for all pension related issues. (Photo: Representational image/PTI)

PFRDA unveils incentives to expand pension coverage

Introducing of e-NPS, reducing minimum contribution levels, new investment instruments are among recent decisions.

28 Oct 2017 9:58 AM GMT

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

India's pension system showing steady improvement: report

India's position in sub-index value under sustainability increased from 40.9 to 43.8 in 2017.

23 Oct 2017 8:34 AM GMT

Returns generated by pension funds under National Pension System, NPS, has been over 10 per cent. (Photo: PTI)

NPS subscribers rise 27 per cent to 1.78 crore; AUM at Rs 2.06 lakh...

Govt has amended I-T Act providing for tax free migration of superannuation funds to NPS.

10 Oct 2017 10:51 AM GMT

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

LTCG will not impact NPS: PFRDA chairman

The total NPS corpus is currently at Rs 2.25 lakh crore from a base of two crore subscribers.

14 Feb 2018 6:51 AM GMT

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

PFRDA makes bank account, number mandatory for NPS subscribers

PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National...

20 April 2018 9:46 AM GMT

Now, any Indian citizen, resident or non-resident and OCIs are eligible to join the NPS till the age of 65 years.

Now OCIs can also subscribe to National Pension System

NPS was initially notified for central government employees joining service on or after 1st Jan 2004.

30 Oct 2019 9:30 AM GMT

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

PFRDA hopes to reach 2.72 cr subscribers under APY, NPS by Mar-end:...

PFRDA said there are nearly 1.45 crore subscribers under APY and the remaining 1.20 crore have NPS accounts.

18 Feb 2019 11:38 AM GMT

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Govt contribution to NPS raised to 14 pc, withdrawal made tax free:...

Under the NPS, the subscriber is eligible to withdraw 60 per cent of the corpus.

10 Dec 2018 10:38 AM GMT

Hyderabad: Senior citizens in a queue in front of a bank waiting for the bank to open so that they can withdraw their pension. (Deccan Chronicle Photo)

NPS subscribers can partially withdraw money for covid treatment: Govt

PFRDA clarified that the facility of partial withdrawal will not be applicable for Atal Pension Yojana subscribers

10 April 2020 8:46 AM GMT

Representational Image

PFRDA creates separate asset class for investment

Under this asset class the funds can be invested into newly created trusts InvITs and REITs.

21 May 2017 7:14 AM GMT

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Centre offers tax benefit to boost pension scheme

The NPS is a voluntary contribution retirement scheme.

4 Feb 2017 12:47 AM GMT