News for 'National Pension System'

Freebies Dominate Andhra Assembly Polls

Freebies Dominate Andhra Assembly Polls

Rediff.com9 May 2024

The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

'Will It Be All-Out War? Or A Punitive Strike?'

'Will It Be All-Out War? Or A Punitive Strike?'

Rediff.com1 May 2025

'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'

Will Vasundhara Endorse Gehlot's Schemes

Will Vasundhara Endorse Gehlot's Schemes

Rediff.com4 Dec 2023

The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.

Budget proposes schemes to widen social security net

Budget proposes schemes to widen social security net

Rediff.com28 Feb 2015

Finance Minister Arun Jaitley announced several reforms.

Two reasons why you must invest in the NPS now

Two reasons why you must invest in the NPS now

Rediff.com29 Sep 2016

Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital

How the mega banks' merger will affect you

How the mega banks' merger will affect you

Rediff.com31 Aug 2019

Here's how the move will affect the banks' customers.

From IIT-Delhi To Sugar Land City Council

From IIT-Delhi To Sugar Land City Council

Rediff.com7 Jul 2025

'A large part of my effort will be solving issues for the whole of Sugar Land, all communities, all populations.'

PFRDA proposes up to 25% withdrawal from NPS after 10 years

PFRDA proposes up to 25% withdrawal from NPS after 10 years

Rediff.com19 Jan 2014

The 'partial withdrawal' is however allowed only after 10 years of contribution by the subscriber, said the draft guidelines by the Pension Fund Regulatory and Development Authority.

'Nagrik Devo Bhava': Modi's message to bureaucrats

'Nagrik Devo Bhava': Modi's message to bureaucrats

Rediff.com21 Apr 2025

Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.

Pension of freedom fighters hiked by Rs 5,000

Pension of freedom fighters hiked by Rs 5,000

Rediff.com19 Aug 2016

Addressing the nation on the 70th Independence Day from the Red Fort, the prime minister had announced a 20 per cent hike in the pension for freedom fighters.

NPS: Want To Know About SLW?

NPS: Want To Know About SLW?

Rediff.com10 Nov 2023

When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.

Is NPS Vatsalya Right Choice For Your Children?

Is NPS Vatsalya Right Choice For Your Children?

Rediff.com9 Oct 2024

From how to open an NPS Vatsalya account to knowing how this scheme compares to investing in mutual fund or in provident fund, Ramalingam Kalirajan offers a 360-degree view and the pros and cons of investing in a scheme that has the potential to secure your child's financial well-being.

Want To Buy Annuity? Read This

Want To Buy Annuity? Read This

Rediff.com16 Jun 2023

The choice should depend on the size of the retirement corpus, stage in life, and state of health.

'Kejriwal Is The Father Of Freebie Culture'

'Kejriwal Is The Father Of Freebie Culture'

Rediff.com24 Jan 2025

'He didn't implement good policies for good politics.' 'He never worked on comprehensive policy-making.' 'In Kejriwal's own constituency youths are jobless.'

Improve Customer Service, Banks Told, Or Else!

Improve Customer Service, Banks Told, Or Else!

Rediff.com28 May 2025

In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.

NPS: Best For Retirement, Tax Saving

NPS: Best For Retirement, Tax Saving

Rediff.com6 Mar 2023

NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.

Start Financial Planning for Retirement

Start Financial Planning for Retirement

Rediff.com15 Jan 2022

Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.

Should You Invest In NPS?

Should You Invest In NPS?

Rediff.com15 Apr 2024

'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'

Now you will get your salary, pension even on bank holidays

Now you will get your salary, pension even on bank holidays

Rediff.com4 Jun 2021

In order to further enhance customer convenience, and to leverage the 24x7 availability of real-time gross settlement (RTGS), NACH which is currently available on bank working days, is proposed to be made available on all days of the week effective from August 1, 2021, RBI's Shaktikanta Das said.

Questions to ask your New Pension Scheme advisor

Questions to ask your New Pension Scheme advisor

Rediff.com24 Jul 2016

Investors should quiz them to understand the product, which options to invest in, and how to get the final payout

Diving Champ Manjari Bhargava Passes Into The Ages

Diving Champ Manjari Bhargava Passes Into The Ages

Rediff.com9 Nov 2024

At just 12 and a half years old, Manjari won gold in diving at the 1968 national championship in Kanpur, competing against older athletes.

IAF martyr's parents feel 'ignored', seek policy change

IAF martyr's parents feel 'ignored', seek policy change

Rediff.com10 Apr 2025

The parents of Squadron Leader Abhimanyu Rai, an IAF pilot who died in a trainer jet crash in December 2023, have expressed their anguish over being ignored for entitlements and honours that were given to their daughter-in-law. They believe the government policy should be revised to include parents of martyred soldiers. Group Captain Amitabh Rai (retd) and his wife Chitralekha, the bereaved parents, say they have received no condolences from the government despite losing their only son. They argue that the current policy unfairly favors the martyr's wife, often leading to neglect of the parents. The Rais claim their son's death is not being recognized as a "battle casualty" and therefore he is not being treated as a martyr. They also raise concerns about the pressure on IAF trainers to complete training programs successfully, even when cadets are not prepared, potentially endangering both the trainer and the cadet.

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Why bankers are cold to Modi's Main Bhi Chowkidar campaign

Rediff.com27 Mar 2019

AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.

Time To Overhaul Nomination Provisions

Time To Overhaul Nomination Provisions

Rediff.com6 Dec 2021

While reasonable safeguards should be built in, there can't be restrictions on the individual's right to leave her/his money to whoever s/he wants, notes Harsh Roongta.

Want To Know Where To Invest? Read This

Want To Know Where To Invest? Read This

Rediff.com18 Apr 2024

A portfolio can be rebalanced by either selling a portion of the outperforming asset class or by buying more of the underperforming asset class.

Maximum age for joining NPS hiked

Maximum age for joining NPS hiked

Rediff.com2 Nov 2017

The increase in joining age will provide the options to the subscribers who are at the fag-end of the employment

Digital life certificate, a big relief for pensioners

Digital life certificate, a big relief for pensioners

Rediff.com10 Nov 2014

In a big relief to over a crore retired employees of government and PSUs, a pensioner can now digitally provide proof of his existence to authorities for continuity of pension every year instead of requiring to present himself physically or through a Life Certificate issued by specified authorities.

It's unfair to oppose the tax on provident fund

It's unfair to oppose the tax on provident fund

Rediff.com2 Mar 2016

The overall message to the middle class is: the days of freebies are over.

Give Agniveers A Chance!

Give Agniveers A Chance!

Rediff.com10 Jul 2024

Such public domain discussions affect their morale and dedication -- and that, if anything, will definitely affect combat-effectiveness, asserts Vice Admiral Biswajit Dasgupta (retd).

Why have thousands of kindergartens shut down in China?

Why have thousands of kindergartens shut down in China?

Rediff.com27 Oct 2024

In 2023, the number of kindergartens fell by 14,808 to 274,400, the annual report by the Chinese education ministry stated. It is the second consecutive annual decline in the latest indicator of China's falling birth rates.

The defence Budget for this year is...

The defence Budget for this year is...

Rediff.com1 Feb 2025

Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.

Will budget for agri research get a big boost this year?

Will budget for agri research get a big boost this year?

Rediff.com28 Jan 2025

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

Why Is Modi Chipping Away At EPFO?

Why Is Modi Chipping Away At EPFO?

Rediff.com4 Oct 2021

Will the EPFO be required to deduct tax at source or will the employee have to calculate the tax and pay it separately?

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Indian forces have transformed to meet diverse warfare challenges: IAF chief

Rediff.com14 Jan 2024

The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.

SC asks states, UTs to clear salary, dues of lower court judges

SC asks states, UTs to clear salary, dues of lower court judges

Rediff.com19 May 2023

The SNJPC recommendations cover pay structure, pension and family pension and allowances besides dealing with the issue of establishing a permanent mechanism to determine subjects of service conditions of district judiciary.

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

Why your take-home salary may rise soon

Why your take-home salary may rise soon

Rediff.com3 Sep 2019

The government wants to reduce the rate of contribution - part of the employee's share - for a class of workers depending upon age, income or gender, without changing the contribution from the employer's share.

Shift from EPS would hurt retirement kitty

Shift from EPS would hurt retirement kitty

Rediff.com8 Aug 2013

Despite the equity booster, many would be uncomfortable about NPS.