Fema / RBI : The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The ...
Finance : An overview of the NPS Tier I/II accounts, fund choices, eligibility, and withdrawal rules. Covers the 40% mandatory annuity purch...
Corporate Law : Learn about the Unified Pension Scheme (UPS) for Central Govt employees under NPS. Check eligibility, contribution details, assure...
CA, CS, CMA : Deduction under Section 80CCD(2) is allowed in the 115BAC regime for employer NPS contributions, with limits based on type of empl...
Finance : Compare UPS, NPS, and OPS pension schemes. Understand their features, benefits, drawbacks, and eligibility criteria to choose the ...
Corporate Law : PFRDA has issued a public notice cautioning investors about an unregistered website and mobile app offering high-return schemes. T...
Corporate Law : The guidelines prescribe a structured process for sponsor selection and pension fund registration. The key takeaway is that only f...
Corporate Law : Regulators have opened the door for banks to independently set up pension funds under strict eligibility norms. The move is aimed ...
Corporate Law : PFRDA consults on adopting dual valuation (Accrual/MTM) for Government Securities in NPS/APY schemes to stabilize NAV, reduce inte...
Corporate Law : PFRDA releases an exposure draft proposing amendments to NPS regulations, focusing on increased flexibility for exits, withdrawals...
Income Tax : ITAT Ahmedabad held that PFRDA Act, 2013 doesn’t prescribed any due date for payment of employee’s contribution to National Pe...
Income Tax : In the case of G.K. Reddy vs. DCIT, Madras High Court has directed the Income Tax Department to lift the attachment of a pension a...
Corporate Law : PFRDA has introduced NPS Sanchay as a simplified National Pension System variant aimed at expanding pension coverage for India’s...
Corporate Law : The government clarified that employees under the Unified Pension Scheme are eligible for Fixed Medical Allowance. The key takeawa...
Corporate Law : The circular allows PoPs to engage new categories like professionals, fintechs, and rural agents as Pension Agents. The key takeaw...
Finance : PFRDA has revised the charge structure for Points of Presence under NPS schemes, introducing onboarding and AUM-based annual charg...
Corporate Law : The regulator has introduced new operational guidelines for PoPs handling NPS-Lite to enhance accountability, service standards, a...
PFRDA has introduced NPS Sanchay as a simplified National Pension System variant aimed at expanding pension coverage for India’s informal workforce. The scheme reduces complexities in investment selection and asset allocation.
The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The key takeaway is that banks are accountable for timely pension payments.
The government clarified that employees under the Unified Pension Scheme are eligible for Fixed Medical Allowance. The key takeaway is parity of benefits with NPS employees under existing rules.
The circular allows PoPs to engage new categories like professionals, fintechs, and rural agents as Pension Agents. The key takeaway is expanded outreach with strict compliance responsibility on PoPs.
PFRDA has revised the charge structure for Points of Presence under NPS schemes, introducing onboarding and AUM-based annual charges. The circular also clarifies exemptions for e-NPS subscribers and dormant accounts.
The regulator has introduced new operational guidelines for PoPs handling NPS-Lite to enhance accountability, service standards, and risk controls. The framework mandates compensation for delays and tighter reporting from April 1, 2026.
Revised guidelines require Points of Presence to compensate subscribers for service delays or operational failures without waiting for complaints. The move reinforces accountability, transparency, and consumer protection in NPS operations.
PFRDA has issued a public notice cautioning investors about an unregistered website and mobile app offering high-return schemes. The regulator clarified it is not authorized under the PFRDA Act and advised dealing only with registered intermediaries.
POPs must log offline grievances using CRA CGMS credentials. The measure ensures comprehensive data for regulatory oversight and timely resolution.
This piece explains how the 2015 regulations govern exits, withdrawals, and annuity requirements under NPS. The key takeaway is that exit benefits vary by subscriber category, age, and corpus size, balancing flexibility with long-term pension security.
