Nps (national Pension Scheme)

It is not mandatory for central government employees under NPS to choose UPS. Also, only those employees who have completed 10 years of service are eligible for a switch.

Protean: Is the sharp stock price decline justified?

Following the price correction, Protean is now trading at a more reasonable valuation of 33 times FY27 estimated earnings

Pension AUM to hit Rs 118 lakh crore by 2030, NPS may capture 25% share: DSP Pension Fund

The portion of private sector AUM that’s with NPS is expected to grow to Rs 9.12 lakh crore in the next five years with over 1.5 crore subscribers, said Bhagat.

Association of NPS Intermediaries set up to enhance the pension ecosystem: Key objectives

The new NPS representative body will promote the pension scheme as a retirement product, ensure transparency and collaborate with policymakers.

Protean — Modest earnings in Q2, but huge headroom for growth

Stock valuation justified by dominant market position, unique business moats, and tailwinds from digital penetration

FM declines additional tax deduction for NPS Vatsalya for children: Budget 2024

No likelihood of offering more deductions in the future as we are moving to simplified tax regime

Last-minute tax saving: How to open an NPS account online, claim deductions of up to Rs 50,000

Section 80 CCD(1B) offers an additional deduction of Rs 50,000 – over and above the Rs 1.5-lakh section 80C limit – for investing in NPS. You can open an account online and invest before March 31 to claim these deductions.

Maharashtra Assembly: CM announces implementation of revised NPS for govt staffers

Making a statement in both Houses of the Legislature, Shinde said, as per the decision, if employees opt for the revised pension scheme, they will get 50 per cent of their last salary as pension and dearness allowance, and 60 per cent of this amount as family pension and dearness allowance.

PFRDA notifies changes to NPS Trust, pension fund regulations

The changes to the NPS Trust norms simplify provisions for the appointment of trustees, their terms and conditions, holding of meetings of Board of Trustees, and appointment of NPS Trust's chief executive officer

Personal Finance: Changing asset allocation can give equity boost to your NPS investments

Selecting the ‘Active’ option for long-term savings under NPS allows you to invest up to 75 percent into equities. This helps as, otherwise, the equity portion shrinks below 35 percent during your prime earning period. But exercise caution if you are nearing retirement

The 25-35 age group accounts for the largest number of NPS subscribers, shows PFRDA report

With those aged 18-20 focused on studying, it’s no surprise there’s not much interest in NPS subscription within this age group. To be sure, the next age group of 20-25 does have a fair number of subscribers.

Simply Save | How 2021 affected your personal finances

Despite the COVID-19-induced gloom globally, Indian investors were in for an exciting year as stock market indices scaled fresh peaks

Year 2018 in review: Govt makes National Pension Scheme sharper and better

Maturity proceeds become entirely tax-free; Annuity income continues to be taxed, for now.

New pension fund managers to get higher commission: PFRDA

Currently, the agency commission is fixed at a low of 0.01 percent whereas the industry is demanding commission of 1 percent. .