New guidelines for National Pension System –  NPS pension processing to be like OPS; check details

New guidelines for National Pension System –  NPS pension processing to be like OPS; check details

NPS vs OPS: The Central Pension Accounting Office has recently released updated guidelines aimed at ensuring retired employees of the National Pension System receive their pensions in a timely manner. In a memo dated March 12, 2025, the CPAO has reiterated to officials involved in processing NPS pension cases that they should adhere to the … Read more

Budget 2025: Hike in 80D deduction limit, insurance for all, tax relief – insurers list their wishes for FM

Budget 2025: Hike in 80D deduction limit, insurance for all, tax relief – insurers list their wishes for FM

Budget expectations: The upcoming Union Budget for 2025, scheduled to be announced on February 1, is anticipated to bring forth reforms to bolster the expansion and reach of the insurance industry in India. Given the sector’s upward trajectory in recent times, industry experts are optimistic about initiatives that could promote financial inclusivity and stability.  Insurers … Read more

Do not look at short term drop in AMCs too negatively: Sunil Subramaniam

Do not look at short term drop in AMCs too negatively: Sunil Subramaniam

“That’s right, this is not a financially high leverage business but it is an operationally high leverage business. The annuity has to be recollected with penetration being so low. With the rural India and urban India expanding there are lot of investments that needs to be done and which the industry is doing so the … Read more