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 permits Central Government employees who joined between April and August 2025 to switch from NPS to Unified Pension Scheme by 30th September 2025.
PFRDA revises rules for the Corporate NPS model, clarifying that either employers or employees can choose pension funds and asset allocation.
Ministry of Finance confirms tax benefits available under NPS will apply to the Unified Pension Scheme (UPS), providing parity and incentives for Central Government employees.
Central Government employees under the Unified Pension Scheme are now eligible for Retirement Gratuity and Death Gratuity benefits, effective April 1, 2025.
Central Government employees under the Unified Pension Scheme can now choose between UPS or Old Pension Scheme benefits in case of death, invalidation, or disability.
Learn about the Unified Pension Scheme (UPS) for Central Govt employees under NPS. Check eligibility, contribution details, assured payout calculation, and claim process FAQs.
Deduction under Section 80CCD(2) is allowed in the 115BAC regime for employer NPS contributions, with limits based on type of employment.
The government has announced an increase in Dearness Relief for 5th CPC series CPF beneficiaries receiving basic ex-gratia payments, effective July 1, 2024.
PFRDA mandates Aadhaar-based authentication for NPS transactions in government offices, enhancing security with two-factor login from April 1, 2024.
The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage for all income groups in India.
