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NPS

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Budget 2025: Deduction Under Section 80CCD for NPS Vatsalya Scheme

Income Tax : Learn about tax benefits under Section 80CCD for NPS Vatsalya contributions. Includes details on deductions, withdrawals, and rela...

February 3, 2025 987 Views 0 comment Print

UPS vs NPS vs OPS: Comprehensive Guide to Pension Schemes

Finance : Compare UPS, NPS, and OPS pension schemes. Understand their features, benefits, drawbacks, and eligibility criteria to choose the ...

January 28, 2025 1602 Views 0 comment Print

Is NPS the Best Option for Tax-Saving in India? A Deep Dive

Finance : This article explores the NPS tax benefits, its features, and how it compares to other popular tax-saving instruments. Additionall...

January 13, 2025 741 Views 0 comment Print

NPS Vatsalya: A Groundbreaking Pension Scheme for Minors

Finance : Summary: The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early sa...

September 20, 2024 1131 Views 0 comment Print

NPS Vatsalya Scheme: Pension Plan for Minor Children

Corporate Law : NPS Vatsalya Scheme offers long-term financial planning for children. Parents can invest in a pension fund until the child turns 1...

September 19, 2024 8106 Views 0 comment Print


Latest News


NPS: A Flexible Pension Scheme for All Ages – Features & Benefits

Corporate Law : Discover how the National Pension System (NPS) offers flexibility, tax benefits, and long-term financial security, catering to all...

October 6, 2024 1146 Views 0 comment Print

Finance Minister to launch NPS Vatsalya Scheme on September 18, 2024

Corporate Law : Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18, 2024, to promote early financial planning...

September 16, 2024 957 Views 1 comment Print

Draft Robust Risk Management Framework for CRAs in NPS Architecture

Corporate Law : Explore the proposed Risk Management Framework for Central Recordkeeping Agencies (CRAs) under NPS architecture. Provide feedback ...

December 13, 2023 312 Views 0 comment Print

Changes to National Pension Scheme (NPS): Government’s Plans and Consideration of Old Pension Scheme (OPS)

Corporate Law : Explore the Government's plans for offering a guaranteed pension under NPS and the consideration of reverting to Old Pension Schem...

August 11, 2023 4485 Views 0 comment Print

Updates on NPS-Lite-Swavalamban Scheme: Must-know Facts

Corporate Law : Important updates on NPS-Lite-Swavalamban Scheme for subscribers. Learn about contributions, migration, updates and more on your p...

July 29, 2023 1311 Views 0 comment Print


Latest Notifications


New Guidelines on Annuity Cancellation and Transfers in NPS

Corporate Law : PFRDA Circular mandates that annuity cancellations for NPS subscribers can only occur during the free look period, effective immed...

October 24, 2024 1191 Views 0 comment Print

Refund of NPS Employee Contributions for Pre-2021 Death/Disablement

Corporate Law : Clarification on refund of employee's NPS share for death or disablement cases under CCS rules before notification of NPS Rules, 2...

October 14, 2024 963 Views 0 comment Print

Submission of NPS Six-Monthly Reports for April-September 2024

Corporate Law : Ministry of Personnel requests submission of six-monthly NPS reports for April-September 2024 via NPS OSM portal. Deadline for all...

October 14, 2024 240 Views 0 comment Print

Same Day Investment of NPS Contributions (T+0) from 1st July 2024

Corporate Law : Explore PFRDA Circular No. PFRDA/2024/13/SUP-CRA/07 on same-day investment for NPS contributions effective from 1st July 2024. Und...

June 26, 2024 759 Views 0 comment Print

NPS/APY Functionalities released by CRAs during Quarter III & IV (FY 2023-­24)

Corporate Law : Explore the latest updates from CRAs under PFRDA for NPS/APY functionalities in FY 2023-24. Learn about new features, benefits, an...

June 14, 2024 378 Views 0 comment Print


NPS Entitlement on discharge from service due to invalidation or disablement

October 28, 2022 633 Views 0 comment Print

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 […]

Effect of disciplinary proceedings on benefits from accumulated pension corpus under NPS

October 27, 2022 696 Views 0 comment Print

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 to avail benefits under old pension scheme on death/Discharge of Govt servant under NPS

October 26, 2022 819 Views 0 comment Print

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

Clarification regarding pension to be taken for commutation after retirement

October 25, 2022 2088 Views 0 comment Print

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.

Commutation value for Government servant whose date of birth is first of a month and who retires on afternoon of last day of preceding month

October 25, 2022 2484 Views 0 comment Print

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

Clarification regarding Dearness Relief payable on Original Basic Pension

October 25, 2022 933 Views 0 comment Print

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.

Deduction of commuted pension from pension revised in implementation of recommendations of Pay Commission

October 25, 2022 1482 Views 0 comment Print

What amount shall be deducted from pension in cases where the pension is subsequently revised on implementation of recommendations of Pay Commission, etc.

Monthly commuted pension not deductible from family pension if pensioner dies before restoration of commuted pension

October 25, 2022 984 Views 0 comment Print

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.

Emoluments for determining mandatory contributions under NPS

October 25, 2022 846 Views 0 comment Print

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. […]

Processing Death Claims where Nomination is changed post death of NPS Subscribers

October 20, 2022 606 Views 0 comment Print

Nomination can be made only by the subscriber. However, there are special provisions enabled as per exit regulations for treating the nomination as made in the service records to protect the interest of the subscribers who were employed and covered under NPS through their employers.

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