Latest news on NPS to OPS Withdrawal of NPS and reintroduction of Old Pension Scheme under CCS (Pension) Rules, 1972 to the Central Government Employees recruited on or after 01.01.2004. Demand: In a nutshell all those employees irrespective of their date of recruitment / selection who were recruited against the available vacancies as on 31.12.2003 should all be … [Read more...] about NPS to OPS – Old pension scheme for 2004 employees
New Pension Scheme
Benefit of gratuity in respect of Railway employees covered under NPS
NPS GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) RBE No.29/2020 No. F(E)HI/2005/PN1/35 New Delhi, Dated : 04.o3.2020 The GMs/ Principal Financial Advisors, All Zonal Railways/ Production Units, (As per mailing list) Subject: Counting of service on joining new service in State Government / Central Government / … [Read more...] about Benefit of gratuity in respect of Railway employees covered under NPS
Benefit of gratuity in respect of Central Government Employees counting of service on joining new service covered under National Pension System (NPS)
It would be applicable to Government employees covered under NPS who resign to take up with proper permission, another appointment in the Central / State Government or Central / State Autonomous body or a PSU No.7/5/2012-P&PW(F)/BMinistry of Personnel, Public Grievances and PensionsDepartment of Pension and Pensioners Welfare Lok Nayak Bhavan, Khan Market,New Delhi, … [Read more...] about Benefit of gratuity in respect of Central Government Employees counting of service on joining new service covered under National Pension System (NPS)
NPS – Booking of expenditure towards Interest on delayed/non- deposit of National Pension System Contributions
NPS Booking of expenditure towards Interest on delayed/non- deposit of National Pension System (NPS) Contributions GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBA No. 78 /2019 No. 2019//\C-l l / 21/6 New Delhi, dated 05.09.2019 General Managers/ FA & CAOs etc (As per standard List 1)All attached offices/ Subordinates offices (As per standard … [Read more...] about NPS – Booking of expenditure towards Interest on delayed/non- deposit of National Pension System Contributions
Restoration of Old Pension Scheme – Loksabha Q & A
Restoration of Old Pension Scheme – Loksabha Q & A GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF FINANCIAL SERVICES ***** LOK SABHAUNSTARRED QUESTION NO:3569TO BE ANSWERED ON JULY 15.07.2019 Restoration of Old Pension Scheme Rakesh SinghRodmal Nagar Will the Minister of FINANCE be pleased to state:- (a) whether the demand is being made by trade u … [Read more...] about Restoration of Old Pension Scheme – Loksabha Q & A
NPS – Central Government hierarchy of Nodal Offices
NPS - Central Government hierarchy of Nodal Offices Function of NPS Nodal Offices in Central Government Nodal Office means the offices which act as interface between the subscribers and the central record keeping agency and shall include the Principal Accounts Office (PrAO), Pay and Accounts Office (PAO) and Drawing & Disbursing Office (DDO) under the Central … [Read more...] about NPS – Central Government hierarchy of Nodal Offices
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 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 Months 8.32% 1 Years 8.94% 2 Years 7.50% 3 … [Read more...] about Return of NPS Scheme (Central Government Scheme) as on March 2019
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 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 … [Read more...] about NPS Fund Value 2019 – Central & State Pension Fund NAV as on 6.5.2019
Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account
Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account 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 … [Read more...] about Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account
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 salary (Basic + DA). This is within the overall ceiling of Rs. 1.50 Lacs under Sec. 80 CCE of the Income Tax Act. On Emp … [Read more...] about What are the tax benefits of NPS?
