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 : India is fast becoming one of the world’s largest connected nations - with over 80 Crores Indians presently connected and using ...
Corporate Law : PFRDA released a Consultation Paper to introduce dual valuation (accrual/market) for long-term Government Securities in NPS/APY to...
Corporate Law : PFRDA consults on adopting dual valuation (Accrual/MTM) for Government Securities in NPS/APY schemes to stabilize NAV, reduce inte...
Finance : PFRDA rationalizes NPS Auto Choice and Life Cycle Fund names to align with actual equity and risk profiles. Funds are now Common S...
Corporate Law : PFRDA invites public comments on proposals to enhance NPS through flexible and assured pension schemes by 31 October 2025....
Corporate Law : PFRDA celebrated NPS Diwas 2025 with new pension schemes, MoU with NABARD, gig worker outreach, and discussions on strengthening I...
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 updates Corporate NPS rules, requiring mutual agreement between employers and employees for pension fund selection and inves...
Corporate Law : PFRDA introduces "NPS e-shramik (Platform Service Partner) Model" to bring gig workers into retirement planning. Aggregators aid o...
Corporate Law : PFRDA introduces new guidelines and a revised form for NPS subscriber onboarding. Learn about the updated digital and physical reg...
Corporate Law : PFRDA Circular 16 rationalizes NPS Auto Choice/Life Cycle Fund nomenclature for better transparency, renaming them to reflect risk...
Finance : PFRDA circular outlines revised NPS subscriber onboarding guidelines for PoPs. Details digital/physical modes, Face-to-Face/Non-Fa...
These regulations may be called the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) (Amendment) Regulations, 2023.
These regulations may be called the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (Amendment) Regulations, 2023.
When it comes to planning for retirement, one of the most popular investment options in India is the National Pension System (NPS). This government-sponsored scheme allows individuals to save for their retirement while also providing tax benefits.
For implementation of Section 51A of UAPA, ‘Head of Department of Regulation Contribution Management shall be UAPA Nodal Officer from PFRDA
The information is not to be used in any other manner except for the purpose of providing it to the customer or Financial Information User (FIU) with respect to customer’s explicit consent. Thus, the role of AA confined to consolidation, organization, presentation of the financial information to the customer or FIU.
Pension Fund Regulatory and Development Authority Circular no.: PFRDA/2023/10/REG-POP/03 Date: 02nd March, 2023 To All Point of Presence (POPs), Central Record-keeping Agencies (CRAs) and NPS Trust Circular on “Implementation of Section 12A of The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005 (the Act)” This has reference to Order […]
Common proposal for Exit from NPS and for buying annuity from ASP facilitates parallel processing of Lump sum component and Annuity due to which the time taken by ASPs while issuing Annuity Policies is significantly reduced which result in faster Subscriber servicing and timely Annuity issuance.
Pension Fund Regulatory and Development Authority Circular no: PFRDA 2023/08/SUP-CRA 04 Dated: 21st Feb 2023 To All stakeholders under NPS Subject: NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23) The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders. 2. CRAs have […]
PFRDA issued a notification introducing the Systematic Lump sum Withdrawal (SLW) for the benefit of National Pension System (NPS) Subscribers. The SLW process allows subscribers to withdraw a lump sum amount periodically until the age of 75. This notification provides details on the SLW facility, process flow, and its applicability to both Tier-I and Tier-II accounts.
Timeline for processing Partial Withdrawal requests has also been reduced to T+2 across all CRAs now. For instance, those partial withdrawal requests authorized on Monday till specified timelines shall be processed such that the Subscribers’ Bank Account is credited on Wednesday, considering those 3 days are settlement days.