Return of NPS Scheme (Central Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 2019 Particulars SBIPF Assets (Rs in crore ) 38,453.66 Scheme Inception … [Read more...]
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Voluntary Contribution in Tier I account by Govt. Sector Subscribers
Voluntary Contribution in Tier I account by Govt. Sector Subscribers In order to avail Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account. An additional deduction for investment up to Rs. … [Read more...]
Tax Benefit Under NPS
Tax Benefit Under NPS What are the tax benefits of NPS 1. What are the tax benefits of NPS? Income Tax Act allows benefits under NPS as per the following sections: On Employee’s contribution: Employee’s own contribution is eligible for tax deduction … [Read more...]
NPS Fund Value 2019 – Central & State Pension Fund NAV as on 6.5.2019
NPS Fund Value 2019 Central & State Pension Fund NAV as on 6.5.2019 Central Government : The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces). Pension Fund Regulatory … [Read more...]
NPS to OPS : Extension of Old Pension Scheme to the Employees Who Were selected During the Year 2003
New Pension Scheme to Old Pension Scheme Extension of Old Pension Scheme to the Employees Who Were selected During the Year 2003 Extension of old pension scheme under CCS(Pension) Rules 1972 to the employees who were selected During the year 2003 and … [Read more...]
Total Existing Subscribers in NPS as on March 2019
Total Existing Subscribers in NPS as on March 2019 Total Existing Subscribers Contributing during the month - NPS Age Band Total Existing Subscribers contributing during the month (Table A) - Male Female Transgender NON IRA Total 18-21 … [Read more...]
Amendment in Investment Guidelines for NPS Schemes – PFRDA
Amendment in Investment Guidelines for NPS Schemes - PFRDA Amendment to the investment Guidelines (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana) PENSION FUND REGULATORY AND DEVELOPMENT … [Read more...]
NPS Contribution 14% of Basic Pay plus DA – Gazette Notification
NPS Contribution 14% of Basic Pay plus DA - Gazette Notification "The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central … [Read more...]
NPS Applicable to NVS Employees w.e.f. 1.4.2009
NPS Applicable to NVS Employees w.e.f. 1.4.2009 The New Pension Scheme introduced for the Central Government employees w.e.f. 1.1.2004, was made applicable to the regular employees of NVS w.e.f. 1.4.2009. Pension benefit to teachers of Jawahar … [Read more...]
NPS To OPS: Karnataka Govt Employees Protest against NPS
New Pension System To Old Pension Scheme Karnataka Govt Employees Protest against NPS Karnataka State Government Employees demanded to scrap NPS and on Wednesday they took a streets in Karnataka's Belgaum City. As per the media news, thousands of … [Read more...]
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