NPS to OPS: No Proposal to replace NPS with OPS NATIONAL PENSION SYSTEM TO OLD PENSION SCHEME (NPS TO OPS) There is no proposal to replace the NPS with old pension scheme in respect of Central Government employees recruited on or after … [Read more...]
Enhanced Govt Contribution from 10% to 14% under NPS – PFRDA Circular
Enhanced Govt Contribution from 10% to 14% under NPS - PFRDA Circular Necessary instructions for all CABs (Central Autonomous Bodies) concerned with reference to gazette notification F.No.1/3/2016-PR dated 31/01/2019 issued by Dept of Financial … [Read more...]
NPS for CG Employees -Setting up of NPS oversight mechanism
NPS for CG Employees - Setting up of NPS oversight mechanism National Pension System for Central Government Employees "Timely credit of deduction made from the salary of Central Government employees towards their contribution to NP5, as also the … [Read more...]
NPS to OPS: Abolition of Contributory Pension Scheme – Cabinet agenda by the Govt of AP
NPS to OPS: Abolition of Contributory Pension Scheme - Cabinet agenda by the Govt of AP Abolition of Contributory Pension Scheme - Cabinet agenda by the Govt of AP MOST IMMEDIATE CABINET MEETING GOVERNMENT OF ANDHRA PRADESH GENERAL ADMINISTRATION … [Read more...]
Stoppage of Retirement and Death Gratuity to the NPS Subscribers
Stoppage of Retirement and Death Gratuity to the NPS Subscribers Extension of benefits of Retirement Gratuity and Death Gratuity to the employees of Autonomous Body/Organisation covered under National Pension System (NPS) - KVS Orders KENDRIYA … [Read more...]
Major Changes in National Pension System (NPS): Choice of Pension Funds and Investment Pattern
Major Changes in National Pension System (NPS): Choice of Pension Funds and Investment Pattern "The subscribers may exercise one of the above choices of Investment Pattern twice in a financial year" Introduction of choice of Pension Funds and … [Read more...]
Return of NPS Scheme (State Government Scheme) as on March 2019
Return of NPS Scheme (State 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 ) 53,946.41 Scheme Inception … [Read more...]
Return of NPS Scheme (Central Government Scheme)as on March 2019
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...]
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 u … [Read more...]
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