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Save Income Tax on the Contribution made by Government in pension fund of NPS Subscribers…

Save Income Tax on the Contribution made by Government in pension fund of NPS Subscribers… Save Income Tax on the Contribution made by Government in pension fund of NPS Subscriber, Refer 5.5.3 Deduction in respect of contribution to pension scheme of Central Government (Section 80CCD). 5.5.3 Deduction in respect of contribution to pension scheme of … Read more

Retirement Age 62, Merger of DA, Scrapping of NPS, inclusion of federation leaders in 7th CPC etc. – Memorandum submitted to PM

Retirement Age 62, Merger of DA, Scrapping of NPS, inclusion of federation leaders in 7th CPC etc. – Memorandum submitted to PM A confederation of recognised federations has submitted a memorandum to Prime Minister Manmohan Singh putting forth demands like extention of the age of superannuation of Central Government employees to 62 years. Other demands … Read more

Proposed Operational Withdrawal Process For NPS Subscribers

PROPOSED OPERATIONAL WITHDRAWAL PROCESS FOR NPS SUBSCRIBERS Exposure Draft on Operational Withdrawal Process-Request for feedback/comments from Public and All concerned PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY EXPOSURE DRAFT ON PROPOSED OPERATIONAL WITHDRAWAL PROCESS FOR NPS SUBSCRIBERS Issued on: 26th December, 2013 Last date to accept Comments: 31st January, 2014 In order to provide an efficient … Read more

NPS was implemented in Respect of Delhi Cantonment Board employees from 01.04.2011…

NPS was implemented in respect of Delhi Cantonment Board employees from 01.04.2011… Pending amount under NPS with Delhi Cantt. Board 94 employees joined service in Delhi Cantonment Board on or after 01.01.2004 and are covered under New Pension Scheme (NPS). However, NPS was implemented in respect of Cantonment Board employees from 01.04.2011 after obtaining approval … Read more

Investment Guidelines by PFRDA

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY CIRCULAR File No.: PFRDA/2O13/16/PFM/4 Date: 15 Oct 2013 To, All Pension Funds Subject: Investment Guidelines 1. Changes in Investment Guidelines for the Government Sector The following changes in the investment guidelines have been made :- 1.1 Debt securities selected for Investments should have a minimum residual maturity period of  … Read more