The measure is an 'enabler' that will help draw interest from global investors in the pension fund sector over time, chief of India's pension fund regulator said
In the Budget for FY25-26, government extended the timeline for Section 23(FE) till March 31,2030
Indian bond yields may fall further on anticipation of rate cut in the February monetary policy review, experts say
Capital investments from Canada, majority of which are from pension funds, doubled in the first quarter of 2024 compared with the entire 2023 year
Canadian pension funds such as CPPIB, CDPQ and private investors like Brookfield Asset Management and Fairfax Financial have collectively invested around $21 billion in India over the past five years.
Clarity is required for tax exemption claims by sovereign wealth funds and pension funds under section 10(23)(FE) of the Income Tax Act, 1961, especially for investments made between April 1,2024, and March 31, 2025
Experts believe the one-year extension of tax sops will aid the National Monetisation Pipeline and also add more sovereign wealth funds and pension funds to the India infrastructure story
Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a new study.
The promise of high returns — whether true or not — has encouraged retirement funds to pour money into PE investments, with terrible results
OTPP's 2022 India investments include National Highways Infra Trust, Mahindra Susten and Sahyadri Hospitals.
The RBI’s proposed move will benefit entities such as insurance companies and pension funds, which are not allowed to engage in such activities currently.
The InvIT was launched on October 29 and closed on November 2, the company said, adding that Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board have emerged as the anchor investors and will hold 25 percent stake each in the InvIT.
The launch of the investment trust has already been delayed by the pandemic, but NHAI is keen to get long-term investors on board.
Since pensions are the chief, and in many cases, the only source of income for senior citizens, PFRDA should ensure that such funds should not take undue risks. This is true especially in the current scenario where loss-making start-ups are tapping the market with atrocious valuations
“The thought process for now is that this would not be a direct equity deal, but debt which is convertible into equity,” a source said.
Pension fund regulator PFRDA floats request for proposals (RFP) for new pension fund managers.
We hope that prudence and not populist measures will guide the Finance Minister.
Capital market regulator Sebi is planning to ease entry barriers for domestic institutional investors like insurers and pension funds to encourage robust inflows into the Reits and InvITs markets.
In an exclusive interview with Housing News, Neeraj Bansal, partner – real estate and construction, KPMG India, maintains that the opening up of the Indian real estate sector to global investors, will usher greater R
Investments of NPS subscribers that have not been withdrawn upon superannuation will be monitised automatically and parked in separate accounts to safeguard the pensioners' corpus from market fluctuations.
Insurance products are surrounded by service tax and income tax, which should not be the case.
Jaitley is also expected to be a part of the 'Make in India' programme scheduled to take place in Australia in March-end, said an Indian official here.
The RBI said it was taking a "more liberal approach" for long-term foreign currency borrowing as well as for external commercial borrowings denominated in Indian rupees.
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.
Pension funds, which could previously only invest in bank deposits and treasuries, will now be able to invest up to 30 percent of their net assets in the country's stocks, equity funds and balanced funds.