The drop can be attributed to the fact that the union budget for 2023-24 raised the exemption limit to Rs 7 lakh
The government may make the National Pension System (NPS) more attractive by extending tax concessions on contributions and withdrawals especially for
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
APY largely caters to social security of India’s unorganized sector, offering them flexibility in terms of contributions. This means that one does n
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 subscribers are largely voluntary, which means they can choose other investment alternatives. That they are choosing to put aside a part of
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
Under PFRDA regulations, NPS subscribers can withdraw 60% of the total accumulated amount at maturity. This will be tax-free.
Some of the states ruled by opposition parties have already gone back to the old pension system and there have been demands the old pension system be
As per PFRDA data dated 15th July, around 83.18% of enrolments under APY happened in the Rs 1,000 segment, which is the lowest slab. Only 10.62% of su