The proposal by the Labour and Employment Ministry to reduce worker’s contribution to the Employees’ Provident Fund to improve in-hand salaries is not a good idea
Read MoreAs per PFRDA guidelines on FDI, the sponsor company of a pension fund can’t breach 49% limit; with Nippon increasing the stake to 75%, the sponsor limit of 49% is being breached
Read MoreIn late-January, NPS Trust had stopped levying the administrative charges/fee. Now the same has been reinstated, and it will also be levied on a daily basis
Read MoreConsultant will review fund performance at prescribed intervals, and undertake portfolio analysis of all schemes of NPS on monthly basis
Read MoreIt’s an SIP based plan that gradually shifts the investment portfolio toward lower-risk investments based on age and life stage as one approaches retirement
Read MoreThe regulator’s latest circular talks about a scheme for accumulated corpus transfer in five years
Read MoreAs for proposed fintech applications, The group has talked about onboarding process, paperless pension account generation, compliance, KYC/due diligence and prevention of money laundering
Read MorePFRDA has hiked investment limit in debt securities by pension funds, while also asked funds to do further due diligence and not just depend on credit ratings agencies
Read MoreAttracts investors from 241 locations with 42% applications from B30 cities
Read MoreThe increase in tax-exempt gratuity limit will immediately benefit mostly those with high salaries
Read Moreⓘ Find the best performing mutual funds Explore ➜