Pension Funds
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PF withdrawal rules: How to withdraw money from EPF account online? Follow these steps
Personal Finance | Jan 03, 2025, 03:47 PM ISTKnow all about PF withdrawal rules, eligibility, and the step-by-step process to withdraw money from your EPF account online. Know when and how you can access your savings for emergencies, marriage, or home-related expenses.
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NPS Vatsalya gets positive response: 9,700 minors subscribe to pension scheme on first day
Business | Sep 21, 2024, 10:05 PM ISTUnder the NPS Vatsalya scheme, parents can open a pension account for their children and make a minimum annual contribution of Rs 10,000 per annum. After the child is 18 years of age, the account automatically gets converted into a normal NPS account, which the holder can continue.
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Budget: Central govt employees may receive 50 per cent of last drawn salary as pension under NPS
Budget | Jul 10, 2024, 05:21 PM ISTIn the upcoming 2024–25 budget, the NDA government is considering a significant pension reform for central government employees, potentially offering 50% of the last drawn salary as a pension under the NPS.
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"Major risk looming large": RBI's warning to Himachal, Rajasthan over reverting to old pension
Business | Jan 17, 2023, 09:03 PM ISTThe observations in the RBI's Report titled 'State Finances: A Study of Budgets of 2022-23' comes in the backdrop of Congress-ruled Himachal Pradesh becoming the latest state to announce reverting to the Dearness Allowance (DA) linked Old Pension Scheme (OPS).
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PFRDA permits withdrawal of pension corpus of Rs 5 lakh without buying annuity
Business | Jun 16, 2021, 07:51 AM ISTIn a gazette notification, the pension regulator also stated that the premature withdrawal limit on a lumpsum basis for NPS has been increased to Rs 2.5 lakh from Rs 1 lakh.
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PF Money withdrawal: Step-by-step guide to do it online
Fyi | Jul 20, 2019, 01:21 PM ISTProvident fund (PF) or pension fund is to provide employees with lump-sum payments at the time of exit from their place of employment. EPF is also called the Employee Provident Fund Scheme.
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Government may launch Rs 500cr credit enhancement fund in July: FinMin
India | Jun 11, 2018, 04:24 PM ISTGovernment to launch the fund next month to facilitate infrastructure investments by insurance and pension funds
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Government increases maximum age of joining National Pension Scheme to 65 years
India | Nov 01, 2017, 08:45 PM ISTThe Pension Fund Regulatory and Development Authority (PFRDA) said that the maximum age of joining NPS for the private sector has been increased to 65.
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Govt Allows 26 PC FDI In Pension Funds
Nov 16, 2011, 05:34 PM ISTNew Delhi, Nov 16: The government today approved amendments to the PFRDA (Pension Funds Regulatory And Devlopment Authority) Bill 2011 while agreeing to the proposed 26 per cent foreign investment in the pension sector but