Tax benefit available under National Pension System (NPS) – AIRF GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) RBE No. 31/2016 No 2012/F(E)III/1(1)/4 Dated: 07.04.2016 The GMs/FA&CAOs, All Indian Railways/Production Units/RDSO. (As per mailing list) Subject: Tax benefit available under National Pension System … [Read more...] about Tax benefit available under National Pension System (NPS) – AIRF
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Tax benefit available under National Pension System (NPS)
Tax benefit available under National Pension System (NPS) PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B- 14/A, Chhatrapati shivaji Bhawan Qutab Institutional Area, Katwaria Sarai, New Delhi – 110 016 PFRDA/23/CORP/20/5 25th February, 2016 Dear sir, Subject: Tax benefit available under National Pension System (NPS) You would be aware that under the National … [Read more...] about Tax benefit available under National Pension System (NPS)
Conference on Implementation of National Pension System by Central Government
PFRDA: PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE Conference on Implementation of National Pension System by Central Government A conference on implementation of National Pension System by Central Government Ministries & Departments was organized by PFRDA on 16th March, 2016 at New Delhi. The prime objective was to provide a forum to all Central … [Read more...] about Conference on Implementation of National Pension System by Central Government
EPF Tax Withdrawn – How the Controversy Rendered NPS more Attractive
Under NPS, only 60 per cent of the corpus can be withdrawn as lump sum. Now, there is no tax on the 40 per cent. And if the person decides to invest the remaining 20 per cent also in annuity, there would be no tax on withdrawal. EPF Tax Withdrawn – How the Controversy Rendered NPS more Attractive – Finance minister Arun Jaitley on Tuesday withdrew the controversial tax on … [Read more...] about EPF Tax Withdrawn – How the Controversy Rendered NPS more Attractive
NPS Exit and purchase of Annuity – Clarification issued by PFRDA
NPS Exit and purchase of Annuity – Clarification issued by PFRDA in respect of interim arrangement for the purpose of buying annuity from the NPS maturity amount In the case of pre-mature exit by NPS Subscriber, any annuity scheme provided by Annutiy Service provider that covers the spouse of NPS subscriber can be purchased PENSION FUND REGULATORY AND DEVELOPMENT … [Read more...] about NPS Exit and purchase of Annuity – Clarification issued by PFRDA
7th Pay Commission expressed its regret about transition from OPS to NPS
7th Pay Commission expressed its regret about transition from OPS to NPS 7th Pay Commission expressed its regret about transition from Old Pension Scheme to New Pension Scheme in its report. 2004-2011 Entrants : Government employees who have joined service between 2004 and 2011 have suffered due to delay in finalizing the structure of the NPS and the issue of detailed … [Read more...] about 7th Pay Commission expressed its regret about transition from OPS to NPS
Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS)
Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS) There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment for recognised Provident Fund & NPS. The following clarifications are given in this matter:- (i) The purpose of this … [Read more...] about Clarification about Changes made in the Tax Treatment for Recognised Provident Fund & National Pension System (NPS)
Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Measures for moving towards a pensioned society
Online Subscriber Registration and contribution under NPS using eNPS platform
Online Subscriber Registration and contribution under NPS using eNPS platform In light of Prime Minister’s “Digital India” campaign on promoting e-governance for providing last mile connectivity through extensive use of ICT (Information and Communications Technology) platforms, Pension Fund Regulatory and Development Authority (PFRDA) has been pursuing the development and … [Read more...] about Online Subscriber Registration and contribution under NPS using eNPS platform
Service Discharge Benefit Scheme for Gramin Dak Sevaks
Service Discharge Benefit Scheme for Gramin Dak Sevaks Department of Posts clarifies to All India Gramin Dak sevaks Union (AIGDSU) that Gram Dak Sevaks are eligible for New Service Discharge Benefit Scheme (SDBS) utilizing the platform of the “NPS-Lite” Scheme of the Pension Fund Regulatory and Development Authority (PFRDA) New Service Discharge Benefit Scheme (SDBS) for … [Read more...] about Service Discharge Benefit Scheme for Gramin Dak Sevaks
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