There are mix of choice and compulsion that creates confusion, but once you understand the cut-offs and order of rules, the ...
A recent change in National Pension System (NPS) withdrawal rules has created confusion among subscribers nearing retirement. While the pension regulator has allowed higher lump-sum withdrawals, the ...
Launched by the Government of India in 2004, the National Pension System (NPS) is a defined contribution pension scheme introduced after the government decided to discontinue old pensions scheme.
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced some major updates for both government and non-government NPS subscribers concerning accumulation, growth and withdrawals.
Finally, a long-standing demand—to reduce the portion that must be annuitized under the National Pension System (NPS)—has been addressed. The Pension Fund Regulatory and Development Authority (PFRDA) ...