Page 2 National Pension System: Latest News and Updates, Top Stories, Videos, Photos About National Pension System

How To Open An NPS Account With SBI YONO?

National Pension System (NPS) is a pension saving and investment strategy that allows you to plan for your retirement age. The Scheme is governed by the Pension Fund Regulatory and Development Authority (PFRDA), and any Indian citizen, both resident, and non-resident, ...

3 Types of Income Tax Benefits Under NPS That Tax Savers Need To Know

The National Pension System (NPS) is a pension-building investment program in which individuals aged 18 to 70 can save for their retirement years. The Scheme is governed by the Pension Fund Regulatory and Development Authority (PFRDA) and provides subscribers with market-based ...

PFRDA Revises Lumpsum Withdrawal Limit On Exit From NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has amended the National Pension System's premature exit regulations, mandating that a surplus of 20% be provided as a lump sum to the subscriber and the remaining balance be used to purchase an ...

How Senior Citizens Over The Age of 65 Years Can Open NPS Account?

The Pension Fund Regulatory & Development Authority (PFRDA) had recently revised the existing age of entry, which is 18-65 years, to 18-70 years for senior citizens who want to stay invested in NPS over and above 60 years or above their ...

Important Initiatives For Central Government Employees Covered Under NPS

The National Pension System is a voluntary scheme in which all central government employees, excluding those in the armed forces, can make regular contributions to their NPS account. The National Pension System is governed by the PFRDA Act of 2013, as ...

National Pension System: Here’s All You Need To Know About Two Types of Investment Options

The Pension Fund Regulatory and Development Authority (PFRDA) was established by an Act of Parliament to manage and regulate the National Pension System (NPS) which is a voluntary scheme where subscribers are required to make regular contributions towards their NPS account ...

PFRDA Introduces Instant Bank Account Verification For Exit/Withdrawal Process of NPS

The Pension Fund Regulatory and Development Authority (PFRDA) has implemented instant bank account verification through the 'penny drop' technique to ensure prompt credit of the money to the bank account of an authorized beneficiary upon exit/withdrawal from NPS. PFRDA clarified the ...

NPS Swavalamban Subscribers Can Now Make Premature Exit With Entire Accumulated Pension Corpus: Check How

For Indian residents who work in the unorganized sector and are between the ages of 18 and 60, NPS - Swavalamban fund provides a monthly income after they reach retirement age. NPS - Swavalamban generates returns by investing a part of ...

NPS Tier-1 Has Outperformed Corporate Debt Funds: Should You Invest?

National Pension System (NPS) regulated by Pension Funds Regulatory and Development Authority (PFRDA) is the most common pension scheme due to its higher returns, tax deductions under section 80C, flexibility to choose investment options, and pension fund, and so on. Talking ...

6 Most Recent Changes In NPS Rules You Need To Know

The National Pension System (NPS) governed by the PFRDA (Pension Fund Regulatory and Development Authority), is a retirement pension scheme established by the Government of India to provide the subscribers with a regular income after retirement. The minimum contribution and higher ...

PFRDA Revises Premature Exit Rules For NPS Lite Swavalamban Subscribers, Details Inside

The premature exit regulation for NPS Lite Swavalamban scheme subscribers has been changed by the Pension Fund Regulatory and Development Authority (PFRDA). NPS Lite subscribers can now exit before the statutory 25-year period if their accumulated pension corpus is less than ...

NPS: Check Conditions To Withdraw Entire Accumulated Pension Without Purchasing Annuity

A subscriber can now withdraw 100 per cent of their accrued pension corpus under NPS without purchasing an annuity, according to the withdrawal and exit rule set by Pension Fund Regulatory And Development Authority (PFRDA). Subscribers of the National Pension System ...

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