Under the new rules, you will now need to invest only Rs 4 lakh (20%) in an annuity product. The remaining 80% can be withdrawn as a lump sum — the tax treatment on this withdrawal would still be ...
The revised rules, announced on December 16, apply to non-government NPS participants, including those enrolled under the All ...
Pension fund regulator PFRDA has provided significant relief to working individuals by making significant changes to the ...
Previously, there was a cap on how long you could stay invested in the NPS. Now, subscribers can continue their investment until the age of 85, unless they choose to exit earlier. This benefits those ...
New National Pension System rules permit non-government subscribers to withdraw up to 80% of their corpus as a lump sum upon ...
When the state pension age rose to 66, the percentage of 65-year-olds in income poverty more than doubled, new research ...
PFRDA allows non-govt NPS subscribers to withdraw 80% of corpus. Exit age raised to 85. New rules offer greater flexibility.
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced significant changes to the National Pension ...
PFRDA has eased NPS exit rules for private subscribers, removing the 5-year lock-in and allowing higher lump-sum withdrawals.
The new amendment has extended 100% withdrawal limit from Rs 5 lakh to Rs 8 lakh for the government subscribers of NPS upon ...
The National Pension System (NPS) has now brought some flexibility for subscribers after the PFRDA, or Pension Fund ...
PFRDA eases NPS rules, allowing four pre-retirement withdrawals, clearer 25% limits and loans against NPS corpus for ...