NPS National Pension System – NPS Contribution – NPS Benefits – NPS Returns – NPS Interest Rate
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 Date 1-Apr-08 NAV SBIPF 31-Mar-19 28.4334 52 Week High 28.4334 52 Week Low 25.7230 RETURNS SBIPF 3 Months 2.86% 6 … Read more
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. 50,000 in NPS (Tier I account) is available exclusively to NPS subscribers. This additional investment … Read more
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 under sec 80 CCD (1) of Income Tax Act up to 10% of … Read more
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 and Development Authority (PFRDA), the regulatory body for NPS, has appointed NSDL as Central Recordkeeping Agency … Read more
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 Years 22,501 7,514 – – 30,015 22-25 Years 2,80,574 74,554 – – 3,55,128 26-28 Years 5,91,061 1,52,324 3 … Read more
Compensation for non-deposit or delayed deposit of contribution under NPS – Finmin Orders Compensation for non-deposit or delayed deposit of contribution under National Pension System during 2004-12 No.1(21)/EV/2018 Government of India Ministry of Finance Department of Expenditure (E-V Branch) North Block, New Delhi, The 12th April 2019 OFFICE MEMORANDUM Subject: Compensation for non-deposit or deposit … Read more
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 AUTHORITY B-14/A, Chhatrapati Shivaji Bhawan, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016. Ph: 011-26517501, 26517503, 26133730 Fax: 011-26517507 … Read more
Abolition of NPS and for Restoration of OPS NPS to OPS: Abolition of National Pension System and for restoration of Old Pension Scheme Govt of India reply to General Secretary, AIDEF on abolition of National Pension System and for restoration of Old Pension Scheme F.No-20/07/2017-PR 18.03.2019 To Shri C. Srikumar, General Secretary, All India Defence … Read more
14% Government Contribution in NPS – 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 Government” MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st January, … Read more
Scrap NPS – Restore OPS: NJCA Writes to All Political Parties SCRAP NPS – NJCA DEMONSTRATIONN AT JANTAR MANTAR – NEW DELHI Proposal to Include in the Election Manifesto to All Parties – NC JCM Staff Side “Proposal to include in the election manifesto of your party with regard to the scrapping of the National … Read more