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Axis Bank-Max Life deal gets CCI nod
The bank will invest Rs1,612 crore in private life insurer
More tax sops in NPS likely in Budget
In a bid to enhance the attractiveness of the NPS, the govt is considering extending tax concessions for contributions and withdrawals, with a focus...
Phased withdrawal options for the NPS subscribers
This facility allows the subscribers to not to withdraw or redeem the limit of 60% at once but avail it staggered over, up to next 15 years
Reversion to old pension scheme a major risk for States: RBI
In the event of reversion, the pension burden on States will be higher by 4.5 times the current burden on account of NPS, in the period 2023 to 2084,...
why Social security in India needs a new deal
USA’s mandated contributory scheme fits India best
The whys and wherefores of pension adequacy in India
NPS and EPFO reduce the burden of post-retirement expenses
APY giving RoI of 8.69% since its inception in 2015
Total enrolment under Atal Pension Yojana has crossed 5.20 cr mark. The scheme enrolled more than 1.19 cr new subscribers in FY23 as compared to 99...
PFRDA allows NPS subscribers to invest up to 75% in equity
Further, it has decided to allow option to allocate 100% of subscriber’s contribution in Asset Class E (Equity) in Tier-II (optional account) under...