Diabytes
New Pension scheme News
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NPS 'Vatsalya' offers flexible contributions and investment options, allowing parents to make an investment of Rs 1,000 annually in the name of the child, thus making it accessible to families from all economic backgrounds.
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Old Pension Scheme: The DoPT has said that members of AIS selected through Civil Services Examination, 2003, Civil Services Examination, 2004 and Indian Forest Service Examination, 2003 are eligible.
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The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh have informed the Centre about their decision to revert to the old pension scheme and have requested a refund of the corpus accumulated under the NPS.
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Himachal Pradesh has announced to restore the old pension scheme (OPS) for 1.36 lakh employees.
Rajasthan, Chhattisgarh, and Punjab are others states where the Old pension scheme (OPS) have rolled out by the state governments for employees.
The Central govt discontinued Old pension scheme from April 1, 2004.
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Chhattisgarh govt asks its employees to choose between old and new pension scheme.
All govt employees appointed after July 2022 will fall under old pension scheme automatically.
Earlier, Rajasthan govt said to revive old pension scheme in the state.
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Now EPS'95 pensioners can submit Life Certificate at any time, know how.
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The NPS account will give a lump sum amount to your wife on attaining the age of 60 years.
Money can be deposited in NPS account monthly or yearly.
NPS is the Social Security Scheme of the Central Government.
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While filing your income tax this year, you can think about these tax saving instruments that will not only constrain your returns but also help you build wealth over the long term.
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The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said the number of private sector subscribers of New Pension Scheme (NPS) saw a 60 percent increase during the April 2016 to January 2017 period due to exemptions provided in the earlier Budget.
The proposal is part of the bill to make comprehensive amendments to the Employees' Provident Funds and Miscellaneous Provisions Act 1952.
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