A Common Scheme Account must be opened along with the NPS Swasthya Pension Scheme Account if it is not already existing ...
PFRDA’s pilot health-linked NPS product lets subscribers build a dedicated medical corpus, without replacing traditional ...
The scheme will function under the Multiple Scheme Framework (MSF) and will be contributory in nature, meaning individuals ...
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PFRDA introduces NPS Swasthya Pension Scheme as proof of concept under regulatory sandbox framework
PFRDA has launched the NPS Swasthya Pension Scheme as a sandbox pilot, allowing subscribers to save and withdraw funds ...
New NPS Vatsalya guidelines ease exits after 18 and clarify partial withdrawals, but KYC steps, default shift by 21 and tax ...
The minimum initial and annual contributions are Rs 250, with no maximum limit on contributions. Contributions can also be gifted by relatives and friends.
Indian retirement schemes are not fully tax-exempt as commonly believed. Contribution and growth limits mean many salaried ...
Open to all Indian citizens, including NRI/OCI. Beneficiaries are minor children, below 18 years of age. Account to be ...
With India's senior population rising, industry executives want wider NPS tax benefits and simpler pension rules in Budget ...
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new initiative aimed at strengthening ...
SBI Research underscored the need for uniform tax treatment across retirement and insurance products, including annuities and unit-linked insurance plans (ULIPs) ...
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