Page 2 Nps: Latest News and Updates, Top Stories, Videos, Photos About Nps

SBI To Buy Additional 20% Stake In SBI Pension Fund For Rs. 229.52 Crore

State-owned lender State Bank of India (SBI) has announced its decision to acquire a 20% additional stake in SBI Pension Funds held by SBI Capital Markets for Rs. 229.52 crore. In an exchange filing on Tuesday, SBI said, "SBI has proposed ...

National Pension Scheme: How To Withdraw NPS Corpus From Tier 1 & Tier 2 Accounts?

The National Pension Scheme (NPS) was introduced in January 2004 as a contribution pension scheme. Governed by Pension Fund Regulatory and Development Authority (PFRDA), in NPS, a government employee contributes towards a pension from their monthly salary along with a matching ...

NPS Charges: Check How National Pension Scheme Costs Will Be Charged?

NPS (National Pension Scheme) can be described as a pension scheme introduced by Indian government in 2004 and managed by the Pension Fund Regulatory and Development Authority (PFRDA) to offer long-term retirement assistances for citizens. NPS lets citizens to invest in ...

NPS to OPS: These Central Government Employees Can Switch Pension Schemes; Check Eligibility Here

Select Central Government employees who have switched their jobs will have a one-time option to move from the National Pension System (NPS) to Central Civil Services (Pension) Rules, 1972, also known as the Old Pension Scheme (OPS), according to the Economic ...

India-Canada Standoffs: What Are The Popular Investment Options Available For Canadian NRIs In India?

The relationship between India and Canada has soured over the past few days. From immediate redundancy of diplomats to visas tossed away, both the Indian and the Canadian governments are in an intense faceoff. Although India has temporarily suspended visa services ...

NPS Tier II Default Scheme Launched For Govt Sector Subscribers: 7 Key Benefits

The Pension Fund Regulatory And Development Authority (PFRDA) has launched a new scheme under the National Pension System (NPS). The new scheme called NPS Tier II through Default is for government sector subscribers, as part of PFRDA's ongoing commitment to provide ...

Top 10 Investment Options For Young Investors

1. Public Provident Fund (PPF) The PPF is a popular investment option for individuals below 30 as it offers guaranteed returns and tax benefits. It has a lock-in period of 15 years, but partial withdrawals are allowed after the 7th year. ...

Govt Plans To Change National Pension Scheme Rules, Complete Details Of Scheme Explained

The central government is planning to change the existing National Pension Scheme in order to provide an assured 40%-45% minimum pension to central government employees on their last drawn salary. It is worth mentioning that the present tweak in National Pension ...

How To Access NPS Account Statements Using Digilocker?

The Pension Fund Regulatory and Development Authority (PFRDA) has announced that customers can now access their NPS Account Transaction Statement via DigiLocker. The Pension Fund Regulatory and Development Authority's (PFRDA) Central Record Keeping Agencies (CRAs) have become DigiLocker partner organisations to ...

Active Vs Auto: Which Route Should You Opt For NPS Investment? Explained

An array of investment alternatives are available through the National Pension System (NPS), a government-sponsored retirement savings programme. NPS may be purchased in two different ways: active or auto choice. You have complete control over your asset allocation with active NPS. ...

National Pension Scheme (NPS) Rules: Mandatory Upload Documents To Receive Timely Pension

As per the Pension Fund Regulatory and Development Authority (PFRDA) circular issued recently on April 27, you can now quickly upload documents if you have subscribed to NPS. This quick process will be made effective from 1 April 2023. The pension ...

Enrollments under National Pension Scheme(NPS), Atal Pension Yojana cross 1.35 crore in FY23

The total number of subscribers to the National Pension System (NPS) and Atal Pension Yojana (APY) schemes for the fiscal year 2022-2023 exceeded 1.35 crore. The Pension Fund Regulatory and Development Authority (PFRDA) stated in a statement dated April 6 that ...

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