Corporate Law : The 2025 amendments scrap key lock-ins and vesting conditions, allowing earlier and more flexible exits. The ruling links withdraw...
Corporate Law : Learn about the Unified Pension Scheme (UPS) for Central Govt employees under NPS. Check eligibility, contribution details, assure...
Corporate Law : Learn about the regulatory body overseeing GIFT City in India, the International Financial Services Centres Authority (IFSCA). Exp...
Finance : Discover the ins and outs of India's National Pension System (NPS) – eligibility, contributions, investments, tax benefits, and ...
Income Tax : When it comes to planning for retirement, one of the most popular investment options in India is the National Pension System (NPS)...
Corporate Law : PFRDA has proposed major reductions in grievance resolution timelines under the NPS framework. The draft aims to improve accountab...
Finance : The agreements introduce structured protocols for intelligence sharing and monitoring compliance under PMLA. The ruling highlights...
Corporate Law : PFRDA introduced multiple NAVs to reflect different fee structures for government and non-government subscribers. The change ensur...
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...
Income Tax : ITAT Ahmedabad held that PFRDA Act, 2013 doesn’t prescribed any due date for payment of employee’s contribution to National Pe...
Corporate Law : PFRDA has launched Retirement Income Schemes and drawdown options under NPS to allow flexible post-retirement payouts up to age 85...
Corporate Law : PFRDA relaxed earlier restrictions on annuity surrender after receiving hardship representations from subscribers. The circular no...
Corporate Law : PFRDA has amended NPS investment guidelines to permit investment in Rupee Bonds issued by the New Development Bank. The circular b...
Corporate Law : PFRDA clarified that Pension Agents working with multiple Points of Presence must be identified through PAN for better traceabilit...
Corporate Law : PFRDA has expanded the NPS Sanchay incentive framework to include CSC-VLEs, BCs/Pension Sakhis, and PACS operating through PoPs. T...
PFRDA has proposed major reductions in grievance resolution timelines under the NPS framework. The draft aims to improve accountability, transparency, and faster disposal of subscriber complaints.
PFRDA has launched Retirement Income Schemes and drawdown options under NPS to allow flexible post-retirement payouts up to age 85. The framework also permits continued market-linked growth of retirement corpus.
PFRDA relaxed earlier restrictions on annuity surrender after receiving hardship representations from subscribers. The circular now permits surrender in cases involving critical illness of the annuitant or family members subject to ASP assessment.
PFRDA has amended NPS investment guidelines to permit investment in Rupee Bonds issued by the New Development Bank. The circular broadens investment opportunities for pension funds while retaining existing credit rating and maturity conditions.
PFRDA clarified that Pension Agents working with multiple Points of Presence must be identified through PAN for better traceability and monitoring. The circular also directs CRAs and PoPs to maintain and verify updated agent records.
PFRDA has expanded the NPS Sanchay incentive framework to include CSC-VLEs, BCs/Pension Sakhis, and PACS operating through PoPs. The move aims to strengthen last-mile pension outreach and improve pension inclusion.
PFRDA has introduced NPS Sanchay as a simplified National Pension System variant aimed at expanding pension coverage for India’s informal workforce. The scheme reduces complexities in investment selection and asset allocation.
The circular clarifies that SEBI regulations on insider trading, self-dealing, and front running will apply to all NPS investment activities. PFRDA withdrew its separate framework to eliminate regulatory duplication and ensure uniform compliance standards.
Accounts with no contributions for four consecutive quarters will be classified as dormant and charged reduced AMC. This lower fee continues until the account becomes active again.
The authority clarified AMC alignment between Tier I and Tier II accounts to ensure uniformity. It also exempted low-balance accounts and simplified charge applicability.
