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AMEND PFRDA ACT
Govt may hike FDI limit in pension sector; Bill likely in Monsoon SessionThe government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...- You can withdraw entire NPS corpus lumpsum if Rs 5 lakh or less but 40% will be taxableThe Pension Fund Regulatory and Development Authority (PFRDA) easedthe process of withdrawing corpus from National Pension System (NPS) for...
- Govt likely to introduce two key financial sector bills in winter sessionThe government may introduce two key financial sector bills, including the proposed law for facilitating privatisation of public sector ban...
- Cabinet may take up amendments to PFRDA Act soon; Bill in Winter sessionIn March, Parliament approved a Bill to increase FDI limit in the insurance sector from 49 per cent to 74 per cent. The Insurance Act, 1938...
- PFRDA, NPS Trust ready for separation, awaiting amendment in Act by ParliamentFinance Minister Nirmala Sitharaman had announced to separate the NPS Trust from the PFRDA with appropriate organisational structure, keepi...
- PFRDA, government in talks to tweak law to cover retirement fundsThe government and the Pension Fund Regulatory & Development Authority (PFRDA) are discussing amendments to the law to ensure the regulatio...
- Govt may hike FDI limit in pension sector to 74%; Bill likely in monsoon sessionAmendment to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 seeking to raise FDI limit in the pension sector may come ...
- Government to introduce bills to set up DFI, Digital Currency“To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, ad...
- Monsoon session gets underway today. Here's a look at key bills that are likely to be tabledThe govt is proposing to bring as many as 23 new bills while some already introduced ones could be taken up for passage.
- Govt mulls changes in PFRDA Act; to separate it from NPS Trust for govt staffShe also said that the government will help ease in mobility while in jobs.
- PFRDA may become regulator for all pension productsThe Finance Ministry and board of regulators have given an in-principle nod to the proposal. Once the PFRDA Act is amended, it could give p...
- Parliament passes bill to set up unified body to regulate IFSCsSpeaking in the Upper House, Finance Minister Nirmala Sitharaman said the authority would also be responsible for regulating any other IFSC...
- EPFO backs plan to allow subscribers’ NPS switchThe National Pension System (NPS) is a voluntary, defined contribution programme administered and regulated by PFRDA.
- PFRDA scouting for tax consultant for 2016-17The selected consultant, it further said, will also update PFRDA about various amendments taking place in tax laws and rules, regulations, ...
- Insurance amendments pave way for higher FDI in pensions sectorAccording to the General Insurance Business (Nationalisation) Act, 1972 (GIBNA, 1972) the four general insurance companies (GICs) had to be...
- Amendments to Insurance Act hoped by year end: Finance Minister Arun JaitleyFinance Minister Arun Jaitley expressed hope on Tuesday that parliament would give its approval to the amendments to the Insurance Act.
- Par panel to soon give recommendation on Insurance Bill: FinminThe Finance Ministry today said the Parliamentary panel is expected to give recommendations soon on the insurance amendment Bill.
- Union Budget 2011: Pranab pitches for financial sector reformsVowing to continue with financial reforms agenda, Finance Minister Pranab Mukherjee on Monday said the Government would push forward variou...
- PFRDA, Banking Act amendment in budget session: GovtThe government will take up the long-awaited Pension Fund Regulatory Development Authority (PFRDA) Bill as well as amendment to Banking Reg...
- Cabinet discusses Patent Act, PFRDAThe Cabinet on Friday discussed amendments to the Patent Act and setting up of the pension fund regulatory and development authority (PFRDA...
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