NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...

India’s NPS rules have changed. From 100% lump-sum withdrawals to relaxed exit norms, here’s what the new NPS reforms mean ...

PFRDA approves major NPS reforms, allowing Scheduled Commercial Banks to sponsor Pension Funds and appoints Dinesh Kumar ...

Recent reforms have addressed long-standing concerns around lock-ins, annuitization and equity exposure, strengthening the ...

India’s retirement savings landscape is set for a significant transformation as the Pension Fund Regulatory and Development ...

More bank-led pension funds mean wider access, sharper competition, and better NPS experiences for long-term savers, say ...

NPS Vatsalya Scheme: Union Finance Minister Nirmala Sitharaman on September 19 launched the National Pension System Vatsalya (NPS Vatsalya) scheme, ‘a pension scheme for minors’. The NPS Vatsalya was ...

PFRDA approves framework allowing banks to sponsor pension funds for NPS assets, revises investment management fees and ...

The Budget provided a tax benefit on NPS investments but did nothing to address a long-standing problem. Under the current rules, the NPS corpus is taxable at the time of withdrawal. While admitting ...

PFRDA has approved key reforms to allow scheduled banks to set up pension funds and revised NPS fee structures to boost ...

Planning for retirement might not be a priority when you're 25, but starting early can significantly reduce the financial pressure later in life. One of the most effective tools for long-term ...

Budget 2024: NPS-Vatsalya is a plan for contribution by parents and guardians for minors will be started. On attaining the age of majority, the plan can be converted seamlessly into a normal NPS ...