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NPS COVERAGE IN INDIA
Lenskart shares in focus as Goldman Sachs, Morgan Stanley, others purchase stake in Rs 1,960 crore block dealLenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 ...
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
NPS Sanchay scheme launched for informal sector employees: Age, eligibility criteria, minimum investment, withdrawal, exit, and other rules explainedPFRDA has launched NPS Sanchay, a simplified National Pension System variant, to serve India's informal sector employees. This scheme aims ...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
IRDAI misses to measure average sum assured per policyholder in its annual reportWhen IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...
8th Pay Commission for central government teachers: Rs 50,000 minimum pay for Level 1 employee, up to 3.83 fitment factor; what employee body wants from 8th CPCThe employee body representing central government teachers from Union Territories is seeking significant pay hikes in their salaries in the...
Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement incomeThe National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to...
Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
Assets under management of NPS and APY cross Rs 16 lakh crore-markIndia's combined pension schemes, NPS and APY, have surpassed Rs 16 lakh crore in Assets Under Management, with a subscriber base exceeding...
Unified Pension Scheme may be replicated to other stakeholders of NPS: DFS SecyFinancial Services Secretary M Nagaraju hopes the Unified Pension Scheme (UPS), ensuring 50% of the average basic pay drawn over the last 1...
Coal India waives financial coverage charge for non-power sector consumersCoal India Ltd has waived the requirement for non-power sector consumers to pay financial coverage for ten days' worth of coal supplied via...
Three things middle-class did not get, despite taxpayer-friendly Budget 2025Middle class in Budget 2025: The Finance Bill presented by the FM on February 1, 2025, had a bonanza for middle-class taxpayers. However, d...
Must tap informal sector to expand NPS reach: PFRDADeepak Mohanty, PFRDA chairman, highlighted the lack of NPS coverage for India's vast informal sector. A new association aims to boost NPS ...
NPS assets under management to touch Rs 15 lakh cr by fiscal end: PFRDA ChairmanStakeholders in India's National Pension System (NPS) launched the Association of NPS Intermediaries to boost the system's reach and subscr...
Interim Budget 2024 likely to present a status report on National Pension SystemBudget 2024: Debate over the NPS sharpened last year after Congress-ruled states such as Rajasthan, Chhattisgarh and Himachal Pradesh decid...
A pension for all Indians?We have taken 10 years to get the NPS under way. The UPA has as of now five years to ensure every Indian citizen a dignified retirement.