Fema / RBI : The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The ...
Income Tax : This guide breaks down the complete taxation of salary income in India—covering allowances, perquisites, retirement benefits, an...
Finance : A comprehensive overview of India's National Pension System (NPS), covering eligibility, account types, investment choices, tax be...
Income Tax : Learn how pensioners can file income tax returns effortlessly using TaxBuddy’s DIY platform. Step-by-step instructions tailored ...
Corporate Law : Learn about the Unified Pension Scheme (UPS) for Central Govt employees under NPS. Check eligibility, contribution details, assure...
Corporate Law : PFRDA has introduced the AI-powered Pension Sahayak portal, replacing the earlier CGMS with a multilingual, voice-enabled grievanc...
Corporate Law : PFRDA introduced multiple NAVs to reflect different fee structures for government and non-government subscribers. The change ensur...
Income Tax : The issue revolved around concerns of exemption removal under the new tax regime. The Government clarified that the exemption cont...
Corporate Law : Authorities cautioned investors about entities promising monthly returns on deposits without regulatory approval, advising the pub...
Corporate Law : PFRDA has issued a public notice cautioning investors about an unregistered website and mobile app offering high-return schemes. T...
Corporate Law : Madras High Court permits senior citizen to withdraw ₹2 lakh monthly from attached pension account, citing hardship, while tax a...
Corporate Law : Patna HC rules on joint option under EPF and Pension Scheme for higher pensions, citing Supreme Court precedents, impacting retire...
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...
Income Tax : Read the full text of the judgment by Punjab and Haryana High Court granting a refund of income tax on exempted disability pension...
Corporate Law : PFRDA has introduced the StAR NPS platform to enable a fully digital and assisted onboarding process for NPS subscribers. The fram...
Corporate Law : PFRDA has introduced a Regulatory Sandbox framework allowing controlled testing of innovative pension products and FinTech solutio...
Corporate Law : PFRDAs 2026 amendment redefines the assets of the National Pension System Trust, expressly covering subscriber funds, securities, ...
Corporate Law : The Office Memorandum increases Dearness Relief rates for CPF beneficiaries and eligible family members under the 5th Central Pay ...
Corporate Law : Accounts with no contributions for four consecutive quarters will be classified as dormant and charged reduced AMC. This lower fee...
The Authority presently is desirous of appointing one Trustee on the Board of Trustees who shall be a citizen of India and satisfying the eligibility conditions as stipulated under Regulation 5 of the aforementioned regulations as also the Guidelines for Appointment of Trustees dated 12.01.2018 issued by the Authority
Provision for extending benefits under CCS (Pension) Rules or CCS (EOP) Rules to family of missing Central Government employees covered under National Pension System (NPS)-reg.
1. These regulations maybe called the Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2022. 2. These regulations shall come into force on the date of their publication in the Official Gazette.
References/representations have been received in this Department mentioning that Pension of deceased pensioners is not often revised based on recommendation of Pay Commission etc and arrears of pension in respect of deceased pensioner are not paid by the Pension Disbursing Bank to the nominee.
President is pleased to decide that the Dearness Relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 31% to 34% w.e.f 01.01.2022.
NPS/APY Functionalities released by CRAs during Quarter III (FY 2021-22) includes New Subscriber Registration Form(SRF) – Changes in PoP Online Module, New SRF -Changes in API, Information on contact details of ASPs in CRA’ s Annuity Calculator, Changes in subscriber login LTI/UX and Option to reset password/ regenerate password for Nodal Office users. PENSION FUND REGULATORY […]
Only those Pensioners/Family Pensioners who are residing in an area not covered by CGHS, and specifically opt for not availing of OPD facilities in the nearest CGHS dispensary, are entitled medical allowance. An option is required to be exercised by a retiree at the time of retirement for availing OPD medical facility or FMA. Only one change in option in the life-time of a Pensioner/Family Pensioner is allowed.
National Pension System (NPS) is still not very popular amongst individual assessees for the simple reason that people are not familiar with the advantages of NPS. It is one of the best way of saving, steady returns & Income Tax benefits.
Now, all Central Government pensioners may submit Life Certificate till 28.02.2022. During this extended period, the pension will be continued to be paid by Pension Disbursing Authorities.
The Central Government had launched Employees’ Pension Scheme, 1995 in exercise of the powers conferred by Section 6A of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952). The EPS’95 scheme applies to all the employees of factories and other establishments to which the Employees Provident Funds and Miscellaneous Provisions Act, 1952 […]
