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 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 : A high-level committee has been formed to review and modernise the pension investment framework, focusing on diversification, risk...
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 : Accounts with no contributions for four consecutive quarters will be classified as dormant and charged reduced AMC. This lower fee...
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...
Corporate Law : EPFO streamlined the process for transferring pension contributions and nominee payments. The instructions aim to avoid procedural...
Corporate Law : PFRDA has introduced a revised IMF framework for pension funds effective 1 April 2026, maintaining separate slab-based rates for G...
New guidelines from DoPPW mandate thorough internal examination of pension cases before referral. Submissions must be comprehensive, cite specific rules, and include Administrative Secretary approval.
This guide breaks down the complete taxation of salary income in India—covering allowances, perquisites, retirement benefits, and exemptions available to salaried taxpayers.
PFRDA Circular 16 rationalizes NPS Auto Choice/Life Cycle Fund nomenclature for better transparency, renaming them to reflect risk (Low to Aggressive). It integrates them into the new Common Schemes (CS) under the Multiple Scheme Framework (MSF).
PFRDA clarifies that POPs may engage non-individual intermediaries registered with RBI, IRDAI, SEBI, or PFRDA as Pension Agents under existing regulations.
PFRDA Circular mandates Source Nodal Office authorization for all NPS Inter-Sector Shifting and Exit Requests for Government sector subscribers, effective immediately.
The Government of India has approved an increase in Dearness Relief (DR) for Central Pensioners/Family Pensioners from 55% to 58% of basic pension, effective July 1, 2025. This rate applies to various categories, including Civilian, Armed Forces, All India Service, and Railway Pensioners.
PFRDA extends the deadline for Central Government employees and past retirees to migrate to the Unified Pension Scheme (UPS) under NPS by two months, until November 30, 2025.
PFRDA rationalizes NPS Auto Choice and Life Cycle Fund names to align with actual equity and risk profiles. Funds are now Common Schemes (CS) under the Multiple Scheme Framework.
Ministry of Finance releases FAQs on tax treatment under Unified Pension Scheme (UPS), outlining deductions, exemptions, and retirement withdrawal rules.
Department of Posts mandates a revised APY registration form with mandatory FATCA/CRS declaration from October 1, 2025; old forms rejected after Sept 30.
