Page 3 of Pension fund

Pension benefits: Guaranteed returns won’t work for NPS

Lower real returns, higher fees, and a lost potential upside from market-linked returns make guaranteed NPS less useful for most…

March 9, 2022 05:30 IST

Domestic pension funds hold the key for India to become Atmanirbhar in long term infrastructure financing

The most important issue which still remains to be addressed is mobilization of adequate long term financing for India’s infrastructure…

January 25, 2022 17:51 IST

The pension fund will exercise all due diligence and prudence in carrying out its duties and in protecting the rights and interests of the subscribers.

National Pension System: Now, wider choice of pension funds in NPS

PFRDA has issued norms for opening ‘on tap’ registration of pension funds on a continuous basis to manage the pension…

Updated: July 5, 2021 10:46 IST

A similar scheme, Pradhan Mantri Laghu Vyapari Maan-dhan Yojana, has also seen a meagre 43,751 enrolments since the scheme came into effect from July 22, 2019.

Pradhan Mantri Shram Yogi Maandhan: PMSYM pension scheme for low-wage earners loses steam

The PMSYM scheme came into force on February 15, 2019. While presenting the interim Budget for 2019-20, acting finance minister…

April 3, 2021 02:30 IST

Permanent Retirement Account Number: NPS subscribers don’t need to submit physical application for PRAN

Now, for NPS accounts opened digitally in CRA platform including eNPS, the soft copies of NPS subscribers’ applications will continue…

January 11, 2021 15:46 IST

Retirement Planning: Rs 3.6 crore can give you Rs 93,000/month. Is this enough?

Retirement planning: Some of the common aims for which Indians save money include funding their children’s education, establishing or funding…

December 18, 2019 13:09 IST

Modi govt for EPS to National Pension System transfer: Will you benefit?

EPS to National Pension System transfer proposal: Government’s draft ‘The Employees’ Provident Funds and Miscellaneous Provisions (Amendment) Bill, 2019’proposes to…

Updated: October 3, 2019 15:53 IST

EPFO may soon allow members to contribute for pension scheme

Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their…

June 13, 2016 18:00 IST

Pensions Act, 1871: Govt plans to amend 145-year-old pension law

The Centre is considering to amend an 145-year-old law that provides security to the pensioners against attachment of pension.

May 9, 2016 17:47 IST

Finance Ministry mulls allowing more pension funds in equities

The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per…

November 22, 2015 15:53 IST

Pension fund managers demand hike in commission rates

The pension fund managers under the National Pension Scheme have demanded that the fund management charges should be as high…

August 28, 2015 22:27 IST

EPFO to start investing in stock markets from next month

Retirement fund body EPFO will start investing in stock markets from next month as part of its plan to put…

Updated: June 25, 2015 18:45 IST

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Credit cover scheme for MSMEs to be compact, likely by Q4

India News1 hr ago

The government will launch a credit guarantee scheme for MSMEs in the next quarter to assist them in dealing with US tariffs and other challenges. The scheme will cover 100% of loans given by lenders, excluding deliberate defaulters. The ECLGS has been successful in improving asset quality and reducing loan defaults. The formalization of MSMEs has also aided banks in accessing reliable data.

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