Tag: Pension

Will PFRDA’s new NPS entry, exit norms benefit investors?

he Pension Fund Regulatory and Development Authority (PFRDA) has now increased the age limit for joining the National Pension System (NPS) from 65 years to...

Punjab govt announces Rs 1,500 per month for children orphaned in COVID pandemic

The Punjab government on Thursday decided to provide Rs 1,500 per month as social security pension and free education up to graduation to all those...

No process yet to shift PF balance to NPS a/c

I joined a school (where employee provident fund—EPF—deduction was being made) as faculty in January 2012 and worked there continuously for a period of three-and-a-half-years....

Inflation index linked pension schemes in the pipeline: IRDAI

Soon you may be able to buy a pension product that will give you higher regular income. The Insurance Regulatory and Development Authority of India...

Retired PSU bankers may get one rank, one pension plan

(This story originally appeared in on Nov 11, 2020) MUMBAI: A one-rank, one pension (OROP) kind of scheme is in the works for retired PSU...

How retirees can handle returns squeeze

With a fixed amount saved up for his retirement, he is starting to worry about whether he can sustain his lifestyle in the future. “My...

Govt notifies NPS tier-II tax deduction for central govt employees

The government has notified the National Pension System (NPS) tier-II account as eligible for tax deduction under Section 80C. Previously, NPS tier-II had no lock-in,...

tax saving: Investment in NPS via this route can help you save tax in new tax regime

If you are planning to opt for the new tax regime for the financial year 2020-21, then there is one deduction under the Income-tax Act,...