NPS Vatsalya Scheme: Union Finance Minister Nirmala Sitharaman introduced NPS Vatsalya, the much-awaited online platform that can be used to apply for the NPS Vatsalya scheme, which is exclusively ...
NPS Vatsalya offers parents a way to secure their children's financial future, including retirement, with a pension scheme for minors. Notable features include a market-linked voluntary contribution ...
The NPS subscriber is expected to periodically and regularly contribute towards the scheme during their working life to create a retirement corpus. One can join NPS in online as well as offline modes.
The PFRDA is set to revise charges for services provided by CRAs to subscribers of pension schemes like NPS and APY, ...
Finance Minister Nirmala Sitharaman on Wednesday (September 18, 2024) launched the NPS Vatslya scheme, which will allow parents to save for their children’s future by investing in a pension account.
Subscribers under NPS at the time of their exit submit the online/offline withdrawal form (Annexure A) to the associated intermediaries viz nodal offices, POPs etc.(Photo: iStock) The National Pension ...
Lump sum payment (one time) one-10th of the last-drawn basic pay and dearness allowance thereon for each completed six months of qualifying service. Monthly top-up amount is calculated based on ...
NPS withdrawals: The Pension Fund Regulatory and Development Authority (PFRDA) has said that all central government employees will have to submit their withdrawal requests as applications for partial ...
Indians will experience significant financial and regulatory shifts starting October 1, 2025, including revised banking ...
The last date to migrate from NPS to UPS is 30 September for those employees who joined their service on or after 1 April 2025 ...