Now, for NPS accounts opened digitally in CRA platform including eNPS, the soft copies of NPS subscribers' applications will continue to be generated by CRAs.
Retirement planning: Some of the common aims for which Indians save money include funding their children’s education, establishing or funding their own business, investing in property and supporting parents or relatives fin
EPS to National Pension System transfer proposal: Government's draft 'The Employees’ Provident Funds and Miscellaneous Provisions (Amendment) Bill, 2019'proposes to provide employees an option to switch between EPS and NPS.
Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions.
The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.
The pension fund managers under the National Pension Scheme have demanded that the fund management charges should be as high as 1 per cent of the fund.
Retirement fund body EPFO will start investing in stock markets from next month as part of its plan to put in as much as Rs 5,000 crore in exchange traded funds (ETFs) by the end of this fiscal.