National Pension System (NPS): April timing key for NPS investment for these two reasons

National Pension System (NPS): April timing key for NPS investment for these two reasons

  The National Pension System (NPS), regulated by the Pension Fund Regulatory and Development Authority (PFRDA), stands out as an accessible retirement savings scheme for Indian citizens aged 18 to 70, including NRIs. This initiative, initially limited to Central Government employees, expanded post-May 2009 to embrace the private sector, offering diverse models such as NPS … Read more

Union Budget 2024: Pension-focused schemes with NPS-like tax benefits on wishlist. Check how NPS is taxed

Union Budget 2024: Pension-focused schemes with NPS-like tax benefits on wishlist. Check how NPS is taxed

Union Budget: In its list of demands to Finance Minister Nirmala Sitharaman, the Association of Mutual Funds in India (AMFI) has asked the government to allow SEBI-registered mutual funds to float pension-oriented mutual fund schemes with tax benefits under the prevailing tax regimes. In a note to the government, the AMFI said the mutual fund … Read more