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NPS NEW RULES
NPS risk labels: Will PFRDA’s new framework help subscribers make better choicesThe unwieldy retirement scheme is becoming more organised through risk-based classification, standardised disclosures, uniform naming conve...
100% equity NPS schemes have attracted younger investors, says Sriram Iyer, MD & CEO, HDFC Pension FundThe multiple-scheme framework introduced last year, the lower mandatory annuitisation requirement, and the growing focus on non-government ...
Will your NPS linked retirement get derailed if you change your job? Here’s what you can do to keep your retirement on trackChanging jobs? Make sure your National Pension System (NPS) account doesn’t get overlooked. Learn how your Permanent Retirement Account Num...
NC-JCM seeks Old Pension Scheme for NPS employees recruited against pre-2003 vacancies; who can benefit?The NC-JCM has urged that older vacancy sanction letters be used to assess eligibility for the Old Pension Scheme (OPS). During a meeting w...
Indian retirees missed out on equity wealth: How decades of pension-led retirement saving left portfolios stock-lightFor the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and...
Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
Revised NPS rules for subscribers: PFRDA classifies NPS schemes into five categories; how it will make scheme selection easier for youNPS subscribers will experience significant changes in pension fund categorization and presentation. A new framework standardizes scheme se...
Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
In 1866, a woman disguised herself as man to join US Army. A routine medical examination eventually exposed her secretCathay Williams made history by serving nearly two years in the US Army while disguised as a male soldier named William Cathay. Her success...
In 1974, a Vietnam veteran moved to Alaska for a new life. 14 years later, he became the last person in US history to get a homestead patentKenneth Deardorff, a Vietnam veteran from California, moved to Alaska in the 1970s and eventually became the last person in US history to r...
From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosi...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
In 1977, California removed the last herbivores from San Miguel Island after years of overgrazing. Decades later, the barren landscape produced a stunning ecological comeback, transforming into an island covered with native vegetationSan Miguel Island tells a powerful conservation story. Once called a “barren lump of sand,” the 9,500-acre California island suffered more ...
Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
'No proposal to change or replace Unified Pension Scheme,' says Finance Minister Sitharaman in Lok SabhaFinance Minister Nirmala Sitharaman confirmed no changes are planned for the Unified Pension Scheme. This scheme offers assured monthly pay...
Big age gap between children? Here’s what it means for your retirement, education planning, and family financesIndia’s falling total fertility rate, which currently stands at 1.9, below the replacement rate of 2.1, has ignited debates around smaller ...
New NPS, EPF rules explained: Key updates that will impact your retirement corpusPolicymakers rolled out a series of reforms to address long-standing pain points for EPF and NPS subscribers, such as rigid withdrawal rule...
NPS pension rules eased and digital life-certificate allowedNPS rule change: Starting today, IRDAI has eased rules for the pensioners. Here's all you need to know.