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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.
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Govt may opt for AP model on PF
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
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Greater need to include urban poor in NPS: PFRDA chief
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
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PFRDA set to modify regulations, tighten compliance
The new proposal states that the fund will need to independently develop a robust IT infrastructure, cyber security procedures and dedicated employees
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No guaranteed pension, says PFRDA chief
Mohanty noted that guarantees come at a cost, albeit with relatively lower returns. Staying invested in markets for the long-term is bound to deliver
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Soon, you can start SWP from your NPS fund
The Pension Fund Regulatory and Development Authority (PFRDA) is now planning to bring in greater flexibility in terms of withdrawing one’s reti
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Assured returns plans should have capital cover: PFRDA
The regulator also said that from end-September, they would allow systematic withdrawal, a feature that would enable depositors to withdraw funds at p
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Unusual activity on device? You may have been scammed
Insecure, open ports, lack of network monitoring and plugging data leakage loops were noted as the primary reasons for such attacks
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NPS to add systematic withdrawal plan
Currently, subscibers are allowed to withdraw this 60% at one go and the rest 40% is used to buy annuity
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APY grosses 5.2 cr beneficiaries
The new enrolment in the past financial year recorded a 20% rise compared to the number in 2021-22
