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PENSION FUNDS
Canada’s PSP Investments weighs $1.5 billion sale of India roadsThe Public Sector Pension Investment Board is considering strategic moves for its Indian road assets. This Canadian pension fund is engagin...
Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPODhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting ...
PFRDA approves four new pension funds, increasing total to 14 for NPS subscribersThe Pension Fund Regulatory and Development Authority has approved four new pension funds. This expansion aims to increase non-government N...
PFRDA approves 4 new pension funds, total count rises to 14; targets 35-40 crore NPS subscribers in 5 yearsPension funds collect and invest money contributed by employees and employers to build a large financial pool with an endeavour to pay regu...
Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishmentsEPS higher pension: The government has acknowledged the Madras High Court's decision on higher pension benefits. Supreme Court orders regar...
Leap India raises Rs 743.6 crore from 32 anchor investors ahead of IPO launchThe anchor allocation witnessed participation from some of the world’s most prominent institutional investors, including the Monetary Autho...
Appropriation Bill for FY23 excess spending approvedParliament approved a bill authorizing funds for certain FY23 expenditures. The bill covers two expenditure items, with one being a large d...
EPFO claim delays, expert & IT staff shortage flagged by officers’ body; seeks govt interventionEPFO officers have raised concerns over the backlog of auto claims that have been pending for over twenty days. The newly introduced IT sys...
NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explainedNon-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program ...
Higher EPS pension: Will existing pensioners get a higher pension due to the increase in the minimum EPF wage ceiling from ₹15k to ₹25k?A potential EPF wage ceiling increase to ₹25,000 is generating significant employee interest. Read on to know if existing pensioners will r...
Over 1.47 cr household toilets built under Swachh Bharat Mission (G)-II in 5 years: GovtOver 1.47 crore rural household toilets were built in five years. Eligible households receive up to Rs 12,000 for toilet construction. Utta...
67% higher EPS pension? How Rs 25,000 EPF wage ceiling could increase your monthly payoutEPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF ...
New EPF wage ceiling of Rs 25,000? Who will benefit and what it means for EPF subscribers; here’s what the report saysThe Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund an...
Eligible for 75% EPF balance withdrawal and planning to do so? Think again and find out how much it will cost you to rebuild itNew EPF withdrawal rules offer greater flexibility for salaried employees. Experts caution against withdrawing retirement savings premature...
State Bank of India's perpetual bond demand seen spurring more issuances, bankers sayState Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders prepa...
SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% couponState Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received ...
ET Exclusive: Adani eyes controlling stake in UK's Associated British PortsAdani Ports is weighing a bid for Associated British Ports in the UK. This acquisition would expand Gautam Adani's port empire significantl...
EPS pension: These pensioners will automatically get their pension benefits under EPS 2026, minister clarifies in ParliamentThe government has notified the EPS pension 2026 scheme, superseding older plans. Existing pension fund benefits are protected under the ne...
EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and riskThe Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-link...
Is government launching minimum pension scheme for all citizens? Ministry responds in ParliamentParliament heard that the government has no minimum pension scheme plans. The Code on Social Security, 2020, aims to extend benefits to uno...