-
NPS more popular in north than south
86% of those enrolled in NPS felt far more confident about their retirement as compared to 74% of those who had not joined the NPS ecosystem
-
DSP added as 11th fund manager
The employees will have the flexibility to continue with the default scheme account, even if they switch to a different sector. What's more, the accou
-
Corporate participation in NPS at 12-month high: NSO
Corporate subscribers are largely voluntary, which means they can choose other investment alternatives. That they are choosing to put aside a part of
-
OPS harmful in the long-run, says RBI
A recent RBI bulletin highlighted that the long-term financial damage of going back to OPS far outweighs the short-term lure of OPS
-
NPS subscribers will soon get more annuity options
NPS has also begun receiving resounding acceptance as a tax-efficient instrument for retirement planning in recent times. As per data, around 14,027 c
-
Need to push NPS: PFRDA chairman
PFRDA data showed that there has been a sharp rise in subscribers from 2.11 crore in FY18 to 6.33 crore in FY23 and a 400% rise in AUM in the same tim
-
5 financial instruments to secure your sister’s future
By starting early and investing regularly, the aim is to earn market returns or a little over broad market returns in the long run
-
PFRDA tweaks NPS to make it attractive
Under PFRDA regulations, NPS subscribers can withdraw 60% of the total accumulated amount at maturity. This will be tax-free.
-
Start early to minimize your tax
For most of us, retirement might seem like a far cry. But if you start saving for your twilight years right away, not only will you benefit then, but
-
Govt jobs down so is NPS enrolment
In the month of May, the number of employees of Central and Central Public Sector Enterprises who adopted NPS reached a 5-month low. Only 10,081 centr
