Nps

Government To Separate National Pension Scheme Trust From Pension Regulator: Report

Business | Indo-Asian News Service | Tuesday February 11, 2020

The role of the PFRDA includes implementation and regulation of NPS and Atal pension Yojana through various entities including the NPS Trust.

Budget 2020: Employer Contribution To Retirement Funds Capped

Business | Reported by Purva Chitnis | Tuesday February 11, 2020

The budget document states, "It is proposed to provide a combined upper limit of seven lakh and fifty thousand rupees in respect of employer's contribution in a year to NPS, superannuation fund and recognised provident fund and any excess contribution is proposed to be taxable. Consequently, it is also proposed that any annual accretion by way of i...

Employers' Contribution Towards Provident Fund Capped At Rs 7.5 Lakh Annually

Business | Press Trust of India | Saturday February 1, 2020

Any contribution by employers towards these social security schemes beyond Rs 7.5 lakh per annum would be treated as perquisite of the employee and taxed accordingly.

Budget 2020: India To Boost Mobile Phones, Chip Manufacturing

India News | Indo-Asian News Service | Saturday February 1, 2020

In a bid to make India a major hub of final assembly for Network Products (NP), the government on Saturday announced to unveil a detailed scheme soon to boost mobile phone, electronics equipment and semiconductor manufacturing in the country.

Budget 2020: How To Avail Income Tax Benefits Under National Pension Scheme

Business | Edited by Abhishek | Saturday February 1, 2020

NPS offers two types of accounts: Tier 1 and Tier 2. While the Tier 1 NPS account is strictly a pension account which doesn't allow withdrawals, while the Tier 2 account - known as investment account - is a voluntary saving account associated with Permanent Retirement Account Number (PRAN).

Big Broadcasters in India Warn New Tariff Rules Could Hit Services

Reuters | Friday January 10, 2020

Some of the biggest television broadcasters operating in India joined forces on Friday to criticise new government regulations that impose restrictions on pay-TV charges, saying the move could put some channels out of business.

Pension Regulator Allows Overseas Citizens To Invest In National Pension System

Business | Indo-Asian News Service | Wednesday October 30, 2019

The NPS was initially notified for Central government employees joining service on or after January 1, 2004 and subsequently adopted by almost all State Governments for its employees.

National Pension System (NPS): Eligibility, Withdrawal Rules Explained Here

Business | Edited by Anshul | Monday October 28, 2019

National Pension System or NPS, a government-run investment scheme, gives the subsriber the option to set the preferred allocation to different asset classes, such as government bonds, equity market instruments and corporate debt. An NPS account can be opened by a citizen of 18-65 years of age, according to National Securities Depository's (NSDL) w...

"No Such Evidence": CBI Rejects Officer's Fake Encounter Charge On Senior

India News | Press Trust of India | Saturday September 28, 2019

In a letter to Prime Minister Narendra Modi, a Deputy Superintendent of Police of the CBI has accused a Joint Director-ranked officer of being involved in a fake encounter, a charge refuted by the agency on Friday saying "no such evidence has surfaced in the probe".

CBI Officer Accuses Senior Of "Fake Encounter" In Letter to PM's Office

India News | Reported by Arvind Gunasekar, Edited by Shylaja Varma | Friday September 27, 2019

An officer in the CBI has written to the Prime Minister's Office, accusing a top officer of being involved in a "fake encounter of 14 innocent persons". The allegations come a year after the country's top investigating agency saw a bitter, public fight between its then top two officers.

Looking To Invest In National Pension System (NPS)? Here's All You Need To Know

Business | Anshul | Saturday August 3, 2019

In NPS account, subscriber can know the value of the investment on day to day basis, according to National Securities Depository(NSDL) website - npscra.nsdl.co.in.

How To Open A National Pension System (NPS) Account Online

Business | NDTV Profit Team | Tuesday July 30, 2019

The subscriber can either apply for an NPS account by visiting a Point of Presence (PoP), or do it online through the e-NPS website- enps.nsdl.com.

National Pension System (NPS): Eligibility, Tax Benefits And More

Business | NDTV Profit Team | Saturday July 27, 2019

National Pension System or NPS, a government-sponsored retirement planning instrument, gives the investor the option to set his or her preferred allocation to different asset classes. It also gives the investor flexibility in terms of timing of contribution, choice of pension fund, and choice of allocation, according to National Securities Deposito...

Here Are The Investment Options Available Under National Pension System (NPS)

Business | NDTV Profit Team | Tuesday July 23, 2019

According to NSDL's website, the central government subscribers have the option of selecting the Pension Funds (PFs) and investment patterns in tier I account.

National Pension System (NPS) Withdrawal Rules Explained Here

Business | NDTV Profit Team | Saturday July 13, 2019

NPS account: Originally launched for the government employees in 2004 and extended to the general public in 2009, it allows premature withdrawal and exit from an account under certain conditions.