[ad_1] Latest NPS charges: The Pension Fund Regulatory and Development Authority (PFRDA) has issued a new set of guidelines that define the fee structure for the National Pension Scheme (NPS) PoPs. These guidelines impact the fees charged by the “Points of Presence” (PoPs), which are entities authorised to provide NPS-related services to the public. As…
[ad_1] NEW DELHI: The pension scheme for the corporate and individuals, regulated by Pension Fund Regulatory and Development Authority (PFRDA), may have been hit by the new tax regime, which offers lower tax rates but no exemptions, such as, those for investment.Latest data released by PFRDA on Thursday estimated that the growth in overall subscriber…
[ad_1] New NPS rule from April 1: The Pension Fund Regulatory and Development Authority (PFRDA) has enhanced National Pension System (NPS) security by adding a new layer called two-factor Aadhaar authentication. Starting April 1, all users logging into the Central Record-keeping Agency (CRA) system with passwords must use this feature, as per the PFRDA circular…
[ad_1] Financial year 2024-25: April marks the beginning of the new financial year 2024-25, bringing along several money-related changes that could affect your spending and investment habits. As reported by ET, here are five of these important financial changes set to take effect in April 2024. New NPS rule: Enhanced security measures The Pension Fund…
[ad_1] New NPS Aadhaar authentication: The Pension Fund Regulatory and Development Authority (PFRDA) has taken a significant step to bolster the security of the National Pension System (NPS). Effective April 1, 2024 all users accessing the Central Recordkeeping Agency (CRA) system must undergo mandatory two-factor authentication using Aadhaar credentials. As per an ET report, this…
[ad_1] MUMBAI: The pensions regulator has requested increased tax breaks on employer contributions to employees’ pensions, aiming to align it with the tax treatment of employer contributions to the provident fund.Currently, the employer’s provident fund contribution, for the employee’s benefit, is deductible up to 12% of the salary (basic + DA), capped at Rs 7.5…
