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...
Delve into the Pension Fund Regulatory and Development Authority’s (PFRDA) latest regulations for making and reviewing regulations, ensuring subscriber interests and global best practices.
PFRDA issues a master circular on service charges for PoPs under NPS (All Citizen & Corporate) and NPS-Lite, consolidating past circulars and guidelines.
Understand the potential of Section 80CCD New Pension Scheme and maximize your tax savings. Learn about deductions for employees and employers, practical examples, and more.
Government of India announces a 4% increase in Dearness Relief for pensioners effective from January 2024. Details & implications here.
Learn how to process Joint Declarations for member profile updation in EPFO with the Standard Operating Procedure (SOP) provided.
Explore the 2023 amendments to the PFRDA Retirement Adviser Regulations, enhancing compliance, qualification criteria, and advisory services.
Explore the implications of Pension Fund Regulatory and Development Authoritys (PFRDA) recent amendment regulations in 2023. Learn about key changes, eligibility criteria, and compliance requirements.
Explore recent amendments to CCS Pension Rules 2021, allowing female Government servants/pensioners to nominate children for family pension amid marital discord or legal proceedings
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 account, considering the age and ailment of the assessee. Learn more about this judgment.
Articlee examines significance of NPS for retirement arranging, its construction, and tax collection and GST part of National Pension Scheme.