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 : The address highlights how pension funds can support India's journey towards Viksit Bharat 2047 by providing retirement security a...
Corporate Law : PFRDA has introduced the AI-powered Pension Sahayak portal, replacing the earlier CGMS with a multilingual, voice-enabled grievanc...
Corporate Law : The address highlights how Aadhaar, UPI, eNPS, and other digital tools are transforming pension enrolment and service delivery. It...
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...
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 : The Government has decided that the date of application, not the date of appointment, will determine pension eligibility for compa...
Corporate Law : PFRDA has revised the audit requirements for NPS-Lite PoPs to ensure stronger governance and operational compliance. The framework...
Corporate Law : PFRDA has introduced a revised audit framework for Atal Pension Yojana Points of Presence, linking audit frequency to subscriber b...
Corporate Law : PFRDA has introduced a revised audit framework for PoPs handling NPS and NPS Vatsalya, prescribing new audit frequency, eligibilit...
Corporate Law : PFRDA has permitted Government Entities to continue availing Point of Presence services despite the earlier requirement for direct...
India is fast becoming one of the world’s largest connected nations – with over 80 Crores Indians presently connected and using the Internet and cyberspace – and with this number expected to touch 120 Crores in coming few years. The Internet also represents an important part of our Economy –
The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders in accordance with Section 21 of PFRDA Act 2013.
1. These regulations may be called the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) (Amendment) Regulations, 2022. 2. These shall come into force on the date of their publication in the official gazette.
Pension Fund Regulatory and Development Authority (PFRDA) hereby reconstitutes Pension Advisory Committee constituted earlier vide Gazette Notification dated 16th September, 2020 with effect from 19th May, 2022. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION New Delhi, the 19th May, 2022 F. No. PFRDA/17/RES/25.—In exercise of the powers conferred by sub-section (1) of section 45 of […]
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
The paper observes that India’s pension-sector (NPS plus APY), provides a flexible mode of oldage income-security not only for salaried employees but also to the common person. In the recent 5-years, 2017-18 to 2021-22, subscriber numbers have multiplied over three-fold led by APY
The total enrollments under APY Scheme have crossed 4.01 crore as on March 2022 out of which more than 99 lakh APY accounts were opened during FY 2021-22. The scheme had seen this tremendous success due to the active participation of all categories of Banks. Around 71% of the enrolments done by Public-sector banks, 19% by Regional Rural Banks, 6% by Private Sector Banks, 3% by Payment and Small Finance Banks.
Pension Fund Regulatory and Development Authority (PFRDA) CIRCULAR No. CIR No.: PFRDA/2022/08/SUP-CRA/02 | Dated: 21 April 2022 To, Prospective APY Subscribers, APY-SPs & other stake holders for information Subject: eAPY – Ease of onboarding through Aadhaar The Government of India introduced Atal Pension Yojana (APY) for a pension inclusive society wherein every Indian Citizen who […]
1. INTRODUCTION A. Regulation 9 (3) (a) of the PFRDA (Pension Fund) Regulations, 2015, as subsequent amendments thereto reads that “a certificate of registration granted to a pension fund shall remain valid unless suspended or cancelled by the Authority”. B. Accordingly, these guidelines are being issued with the objective of opening ‘on tap’ registration of […]
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.