The proposed NPS move, which is part of PFRDA's attempts to widen the choice available to subscribers, would take it to hitherto uncharted territories for retirement fund investment in India.
Car insurance: While the premium rates quoted by each company would be based on your profile and history and the company's internal risk assessment, there are ways with which you can ensure that you get a good deal at the tim
7th Pay Commission pay hike: As you plan your finances ahead with the added money flow, there is always a chance to be reckless with your spending and not thinking of the long-term possibilities the increased pay packet can g
Decision on the issue of raising EPF's equity exposure from the current 5 per cent to a higher level within the overall 15 per cent cap could not be taken at the CBT meeting on Friday as the government decided to have a wider
Gold prices surged to its highest point since March 2014 to touch $1,371.40 an ounce in global markets, thereby registering gains of nearly 30 per cent from the $1060 levels it traded in early January, 2016.
The equities for retirement debate is taking an interesting turn in the market with the two principal vehicles to create an old age income security - NPS and EPFO taking widely divergent views on the issue.
How much of the money that you have set aside for investing for your retirement years should be invested in equities? There may not be a scientific answer to this, but most investment advisors would say it would depend on var
Silver prices have been on a relentless move upwards ever since United Kingdom voted in favour of exiting the European Union and has moved to over $21 an ounce in global markets, from the $15-16 levels a couple of months ago,
7th Pay Commission payout: You will have nearly eight months till March 31, 2017 to make your investment for tax-saving purposes but it is always good to start investing early.
All central government employees who have joined on or after April 1, 2004, have to mandatorily invest 10 per cent of their salary and dearness allowance to NPS to create a pension corpus.
Prime Minister Narendra Modi wants you to have 'peace of mind' by coming clean under the Income Declaration Scheme (IDS), 2016, in case you have undisclosed income in the past.
Central trade unions are all set to oppose the proposal to raise investments in ETFs from the current 5 per cent of the corpus when the Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) meet
With a massive inflow of funds likely to come to the NPS from central government officials by way of increased pay and arrears, the Pension Fund Regulatory and Development Authority (PFRDA) is set to expand the choice of pens
The Union Cabinet is likely to clear the 7th Pay Commission recommendations on Wednesday paving the way for higher salaries and arrears to nearly 90 lakh central government employees and pensionsers
Currently 5 per cent of EPF corpus is invested in ETFs in its efforts to take advantage of possible higher returns from the equity market. The government has given a leeway to invest upto 15 per cent of the corpus in equities
If you are a central government employee awaiting the implementation of the 7th Central Pay Commission report, you would have been worried over reports that the recent Brexit decision might force the government to delay the p
While worries over Brexit consequences remain in many quarters, one major beneficiary of the development could be Indian students the United Kingdom or those who are planning to travel there for higher studies.
Gold was trading at $1329 up over $67 or 5 per cent higher in global markets after news that Britain has voted convincingly for exiting the European Union.
7th pay commission date nears: Mutual fund could be a preferred option as it provides you the opportunity to benefit from equity and debt and balance your risks according to your age.
Savings bank balances do earn interest, with some banks offering a healthy 7 per cent per annum. At times, the cumulative annual interest on an individual's savings bank deposits may be substantial and could trigger a mention
With the Reserve Bank of India's recently indicating in its Bi-monthly Monetary Policy Review that it would focus more on improving liquidity in the system and less on rate cuts, experts believe that the short-term debt funds