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Swavalamban APY
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Swavalamban subscribers of micro-pension scheme can switch to APY: PFRDA
MUMBAI: Subscribers of micro-pension scheme 'Swavalamban', which closes tomorrow, can switch to the 'Atal pension Yojana' (APY) and retain the government's co-contribution, a PFRDA official said today. 'Swavalamban' scheme, which was launched by the UPA gov...

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NPS shoot up 50% to Rs.1,07,802 crore as on December-end 2015
Thanks to the introduction of the Atal Pension Yojana, the National Pension System has seen a 43 per cent year-on-year jump in the number of subscribers to 1.13 crore as of December-end 2015, from about 79 lakh as of December-end 2014. Increasing awareness ...

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Atal Pension Yojana: Regulator Eyes 70 Lakh New Subscribers in India
NEW DELHI: Pension regulator PFRDA is hopeful of enrolling at least 60-70 lakh new subscribers this fiscal to its Atal Pension Yojana (APY), a micro pension product primarily targeted at the unorganised sector. Since the launch of APY in July last year,  th...

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Atal Pension Yojana eligible for tax benefits as National Pension System
Contributions to the Atal Pension Yojana (APY) will now be eligible for the same tax benefits as the National Pension System (NPS), according to a circular released by the Income Tax department on Tuesday. The tax benefits include the additional deduction o...

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The finance ministry is examining a proposal by the PFRDA to exempt NPS withdrawals from payment of tax
The finance ministry is examining a proposal by the Pension Fund Regulatory and Development Authority (PFRDA) to exempt national pension system (NPS) withdrawals from payment of tax, so as to bring it on par with the employee provident fund (EPF) scheme. Th...

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NPS to submit applications online for settlement of withdrawal claims from April 1: PFRDA
Pension fund regulator PFRDA has made it mandatory for the subscribers of New Pension System (NPS) to submit applications online for settlement of withdrawal claims from April 1 next year. According to a PFRDA directive, no request in physical form would be...

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National Pension System (NPS) has soared to Rs 90,327 crore with the 1.15 crore subscribers
The total corpus of National Pension System (NPS) has soared to Rs 90,327 crore with the contribution of nearly 1.15 crore subscribers, the Finance Ministry said on Tuesday. The total assets under management (AUM) are worth Rs 1.09 lakh crore while AUM per ...

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New crop insurance Fasal Bima Yojana a boost for farmers : PM
Prime Minister Narendra Modi hailed the Pradhan Mantri Fasal Bima Yojana, which was cleared by the Union Cabinet today, as a boost to the farmers across the country. In a series of tweets, Mr Modi said it was government’s gift to the farmers on the occasion...

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How to open NPS Account online in eNPS?
National Pension System – How to open an online NPS account – Step by Step by procedure discussed. Government of India under National Pension System Trust enables opening online account.  The procedure for opening such account is given below: Opening of Ind...
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