Aug 16, 2016 at 10:40 | Source: PTI
PFRDA Chairman Hemant Contractor told PTI that the new tax benefits provision has drawn a lot of retail investors to the NPS schemes. Earlier, NPS schemes which were launched five years ago, had failed to get retail subscribers.
Jul 27, 2016 at 19:08 | Source: PTI
The Finance Ministry has made a statement last year allowing one time change from EPF to NPS. But the modalities are still to be worked out, Pension Fund Regulatory and Development Authority of India (PFRDA) Chairman Hemant G Contractor told PTI.
Mar 16, 2016 at 19:12 | Source: PTI
Tax exemption of up to 40 per centof the retirement corpus at the time of withdrawal under NPSis a big step by the government and going forward, there maybe more parity between existing pension schemes, PFRDAChairman Hemant G Contractor said today.
Feb 18, 2016 at 09:10 | Source: PTI
"Our request to the government is with regard to making NPS a Triple E product," Contractor said on his expectations from the Union Budget to be presented by Finance Minister Arun Jaitley on February 29.
Feb 17, 2016 at 21:22 | Source: PTI
Pension fund regulatory body PFRDA will invest up to 2 percent of the corpus of the private sector pension plans into alternative investment fund schemes in order to bolster the returns to subscribers.
Feb 01, 2016 at 22:25 | Source: CNBC-TV18
This time, its long list of demands boils down to two things clearer policies and help in reducing debt
Dec 29, 2015 at 12:19 | Source: PTI
The government is however are hopeful that the problem of call drops will become a thing of past in the new year with the operators putting up more towers, while more spectrum could also be made available to them at the earliest.
Dec 09, 2015 at 21:32 | Source: PTI
"Right now purchase of annuity attracts service tax so we have requested the government to do away with that, these are the two things we have asked the government to consider in the budget proposal", Contractor told reporters on the sidelines of the launch of a report on pension system by FICCI and KPMG.
Oct 11, 2015 at 13:41 | Source: PTI
Finance Ministry will go through the proposal seeking a hike in the investment limit of pension funds by up to 50 percent and then refer the matter to an expert committee, PFRDA has said.
Sep 24, 2015 at 10:04 | Source: PTI
Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant G Contractor, who was also present in event, said that the Indian pension system has a very inadequate social security set up and needs to be increased.