Income Tax : Understand the potential of Section 80CCD New Pension Scheme and maximize your tax savings. Learn about deductions for employees a...
Fema / RBI : Discover essential FAQs on government pension payments, including joint account continuation, crediting timelines, excess payment ...
Corporate Law : Articlee examines significance of NPS for retirement arranging, its construction, and tax collection and GST part of National Pens...
Corporate Law : Learn about the online submission and processing of EPS 95 higher pension applications. Understand error codes, solutions, refund ...
Finance : The best way to plan for retirement is to invest funds in schemes dedicated to retirement, such as NPS. Ensuring your retirement c...
Corporate Law : Explore vital role of pensions in securing financial stability during retirement, as discussed by PFRDA Chairperson. Learn about N...
Corporate Law : Explore the Government's plans for offering a guaranteed pension under NPS and the consideration of reverting to Old Pension Schem...
Corporate Law : Pension Fund Regulatory and Development Authority (PFRDA) invites public feedback on the proposed changes to the PFRDA (Point of P...
Corporate Law : Steps for opening NPS account and updating address in NPS account using Driving License issued in DigiLocker ...
Corporate Law : The paper observes that India’s pension-sector (NPS plus APY), provides a flexible mode of oldage income-security not only for s...
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 : Delve into the Pension Fund Regulatory and Development Authority's (PFRDA) latest regulations for making and reviewing regulations...
Corporate Law : Government of India announces a 4% increase in Dearness Relief for pensioners effective from January 2024. Details & implications ...
Corporate Law : Learn how to process Joint Declarations for member profile updation in EPFO with the Standard Operating Procedure (SOP) provided....
Corporate Law : Explore the 2023 amendments to the PFRDA Retirement Adviser Regulations, enhancing compliance, qualification criteria, and advisor...
Corporate Law : Explore the implications of Pension Fund Regulatory and Development Authoritys (PFRDA) recent amendment regulations in 2023. Learn...
Rule 20 of Central Civil Services (Implementation of NPS) Rules, 2021 provides for entitlement of family members on death of a Central Government covered under National Pension System.
Entitlement on discharge from service on account of invalidation or disablement to a Central Government servant covered under National Pension System -reg No.57/03/2022-P&PW(B)/8361 (2) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Pension and Pensioners’ Welfare *** 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi, Dated the 28th October, 2022 […]
Provisions relating to effect of disciplinary proceedings on the benefits from accumulated pension corpus under National Pension System and gratuity in respect to Central Government employees covered under NPS.
Options under Central Civil Services (Implementation of National Pension System) Rules, 2021 to avail benefits under old pension scheme on death of Government servant covered under National Pension System during service or his discharge from service on account of invalidation or disablement
Doubts have been raised as to which pension i.e pension authorized at the time of retirement or the pension revised subsequently and payable at the time of application for commutation shall be allowed to be commuted.
Clarification regarding commutation value for Government servant whose date of birth is the first of a month and who retires on the afternoon of the last day of the preceding month-reg
It is clarified that dearness relief is payable on the original basic pension before commutation or such basic pension before commutation as revised on implementation of recommendations of Pay Commission etc. and not on the pension as reduced after deduction of commuted pension.
What amount shall be deducted from pension in cases where the pension is subsequently revised on implementation of recommendations of Pay Commission, etc.
whether deduction towards commutation are required to be made from family pension for the remaining period in cases where the pensioner dies before the restoration of commuted pension.
No. – 57/03/2022-P&PW(B)/8361 Government of India Ministry of Personnel, Public Grievances and Pensions Department of Pension and Pensioners’ Welfare *** 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi, Dated the 25th October, 2022 OFFICE MEMORANDUM Subject: Emoluments for determining mandatory contributions under National Pension System in respect to Central Government employees covered under NPS. […]
