Revision of Additional Relief on death/disability of Government servants covered under New Pension Scheme (NPS) in pursuance of Government’s decision on the recommendations of the 7th CPC-reg. PC-VII No.28/2017 R.B.E.No.:78/2017 GOVERNMENT OF INDIA … [Read more...]
Tax on New Pension Scheme
Tax on New Pension Scheme Tax on NPS This provision has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2016 by inserting clause (12A) in Section 10 of the Act. Prior to Finance Act, 2016, National Pension Scheme (NPS), … [Read more...]
NPS to OPS – Minister replied in Parliament
NPS to OPS - Minister replied in Parliament Restoration of old pension system in place of Contributory Pension System In a written reply the Minister of State for Finance said the features of the New Pension Scheme in Rajya Sabha on 21st March … [Read more...]
Withdrawal of NPS is not within the purview of NPS Committee – Confederation
GOVT. MADE IT CLEAR THAT WITHDRAWL OF NPS IS NOT WITHIN THE PURVIEW OF NPS COMMITTEE. YOUNGER GENERATION EMPLOYEES CHEATED: Withdrawal of NPS or exemption from NPS was one of the most important demand of the NJCA in the 11th July 2016 deferred … [Read more...]
NPS COMMITTEE – HOPES OF YOUNGER GENERATION SHATTERED
NPS COMMITTEE - HOPES OF YOUNGER GENERATION SHATTERED NPS committee constituted by the Government to streamline the National Pension System has called the JCM Staff Side for second round of discussion on 10.02.2017. As per the notified agenda, the … [Read more...]
NPS Committee Meeting to be held on 20.1.2017 – NC JCM Staff Side
NPS Committee Meeting to be held on 20.1.2017 - NC JCM Staff Side Meeting of the Committee constituted to suggest measures for streamlining the implementation for the National Pension System for Central Government … [Read more...]
Extension of scope of Additional Relief on death/disability of Government Servants covered by the New Defined Contribution Pension System(NPS)
Extension of scope of Additional Relief on death/disability of Government Servants covered by the New Defined Contribution Pension System(NPS). No.25014/05/2016.AIS-II Government of India Ministry of Personnel, Public Grievances and … [Read more...]
Tax benefit available under National Pension System (NPS) – AIRF
Tax benefit available under National Pension System (NPS) - AIRF GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) RBE No. 31/2016 No 2012/F(E)III/1(1)/4 Dated: 07.04.2016 The GMs/FA&CAOs, All Indian … [Read more...]
Income Tax benefit available under National Pension System – PFRDA
Income Tax benefit available under National Pension System - PFRDA Tax benefit available under National Pension System (NPS) PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B- 14/A, Chhatrapati shivaji Bhawan Qutab Institutional Area, Katwaria … [Read more...]
NPS subscribers of Central Government are 14.1% of the total subscribers as Jan 2016
NPS subscribers of Central Government are 14.1% of the total subscribers as Jan 2016 Press Information Bureau Government of India Ministry of Finance 02-February-2016 16:35 IST 1.15 Crore Subscribers for National Pension System (NPS) as on … [Read more...]