States need to focus on transparency with regard to their financial numbers: NITI Aayog CEONITI Aayog CEO, B V R Subrahmanyam, has stressed the importance of transparency in state finances. He believes that states should report ev...
Timeline to get NPS partial withdrawal money reduced to 2 days after authorisationNow, the processing time for partial withdrawal requests has also been decreased to T+2 across all CRAs, according to a PFRDA circular issu...
National Pension System: Know your NPS statementThere will be different sections in your statement. According to the NSDL website, below are some specifics about your NPS statement for no...
How to make changes to NPS investment choiceNPS subscribers can change the portfolio management company which manages the pension fund. Change in portfolio manager can be done after a...
JanDhan 2.0: Passive funds can help enhance financial savingsThe combination of a simple product, high liquidity through exchange trading, transparency, ease of trading and lower costs make passive fu...
How to read NPS transaction statementThe first section holds subscriber details such as personal details, contact details, nominee details and the subscriber’s nodal office det...
NPS transaction statement: What you should checkNPS statement mentions the subscriber’s personal details such as name, address, contact details, name and address of the nodal office and o...
NPS subscribers may be allowed to invest more in equitiesPFRDA is proposing an increase on cap on equity investments for private sector NPS from a maximum of 50 percent to 75 percent of one's inve...
Lodha looks to raise Rs 1,500 crore from Piramal FundPiramal Fund Management responded saying the company from time to time explores various investment opportunities as part of its routine bus...
Piramal Fund Management invests Rs 425 crore in a Lodha ProjectPFM has committed the money to a project being developed by a 100% subsidiary of Lodha Developers, the flagship company of Lodha Group.
Co-operative federalism requires greater competence by states, says expertThe individual states will need to manage a rather complex set of three PFM objectives, involving difficult tradeoffs and sequencing decisi...
Piramal Fund sanctions Rs 1,200 crore for Mumbai realty projectThe Fund, a unit of Piramal Enterprises Ltd, claimed it was one of the biggest realty project finance transactions in recent times.
- GDS to get retirement pension; Govt to spend Rs 70 cr annually
The Government will deposit Rs 200 per per month for Gramin Dak Sevaks involving an annual expenditure of about Rs 70 crore to provide for ...
- Regulator puts rider for pension fund managers
The pension regulator decides to put in a rider by which PFMs will have to bid every year to manage the corpus under New Pension Scheme. Da...
- Rs 2,000-cr corpus for new pension scheme
Once approved by Parliament, the funds will have to be transferred to the PFMs. This has to be provided for in Centre’s as well as states’ ...
- Govt staff may get assured pension return
To drum up the support of Left parties for the new pension scheme (NPS), the finance ministry is working on a plan to provide government em...
- PFM investment plans to be restricted
Pension funds may be barred from investing hard-earned money of Indians in foreign securities, PFRDA chairman D Swarup said on Wednesday.