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NPS ANNUITY SURRENDER RULES
Poetry of the day by Dylan Thomas: 'Curse, bless, me now with your fierce tears, I pray. Do not go gentle into that good night...'; what the Welsh poet's lines teach about facing life's hardest momentsDylan Thomas's famous poem 'Do Not Go Gentle Into That Good Night' remains a powerful literary work. Written for his dying father, it urges...
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
Bible quote of the day: “Trust in the Lord with all your heart and lean not on your own understanding.”Life's uncertainties often leave us searching for answers, but Proverbs 3:5 offers timeless wisdom: 'Trust in the Lord with all your heart ...
US Supreme Court upholds SEC in fight over 'disgorgement' powerThe justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...
Cabinet approves widening of NH-63 Armoor-Mancherial section under Hybrid Annuity ModelThe government has approved significant road development projects in Telangana. The Armoor-Jagtial-Mancherial section of NH-63 will be wide...
Kotak Alts raises $1 billion through 14th real estate fundKotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the...
Can a ₹1 crore NPS corpus generate more than ₹1 lakh per month? What the new RIS framework offersRetirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retire...
Surrendered Maoist couple welcomes SaiChhattisgarh Chief Minister Vishnu Deo Sai visited a grocery shop in Bijapur. The shop is run by a couple who were previously associated wi...
Iran could ‘surrender’, Democrats and media would still say America lost: TrumpUS President Donald Trump has criticized Democrats and the media. He stated that even if Iran surrendered completely, they would still repo...
Top NPS equity funds offer up to 14% returns in 3 years. Here’s the listNational Pension System (NPS) fund managers have delivered strong returns over the past three years, with several schemes generating double...
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
What is Retirement Income Scheme in NPS; how do SPR and SUR work?Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic P...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clauseThe Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...