NPS rule change: Contribution from bank card stopped in tier-2 accounts

[ad_1] NPS rule change: The Pension Fund Regulatory and Improvement Authority (PFRDA) has determined to cease the power of fee of subscription of contribution in tier-2 accounts of nationwide Pension System (NPS). The PFRDA made its determination public by an official notification dated third August 2022. So, after this determination of PFRDA, fee from bank … Read more

BIG change in NPS! Rule associated to contribution by way of bank card modified, verify new pointers | Private Finance Information

[ad_1] New Delhi: The Pension Fund Regulatory and Growth Authority (PFRDA), the regulatory physique supervising and regulating pensions in India, has modified a rule associated to contribution to the funds by way of bank cards. In what may very well be a setback for a lot of traders, tier-2 accounts will no longer have the … Read more

NPS stops bank card funds in Tier-2 accounts: All it’s good to know

[ad_1] The brand new rule is relevant instantly, an official PFRDA notification learn. The Pension Fund Regulatory and Improvement Authority (PFRDA) has announced– by means of an official notification dated August 3 — that it has determined to cease fee by means of bank card in direction of subscriptions/contributions within the Tier-2 account of Nationwide … Read more

The best way to register complaints underneath the NPS

[ad_1] The Nationwide Pension System (NPS) is a pension-cum-investment scheme of the federal government. NPS has developed a multi-layered grievance redressal system which helps a subscriber register grievances utilizing any of the next methods: Methods to register complaints The subscriber can register the criticism on the criticism redressal system out there on-line. One other method … Read more

hdfc: PFRDA okays HDFC’s structure change forward of merger with HDFC Financial institution; directs uninterrupted companies to NPS subscribers

[ad_1] Regulator PFRDA has permitted change in structure of Ltd forward of its merger with its banking subsidiary HDFC Financial institution, and directed that companies to NPS subscribers related to the company shouldn’t be affected. Earlier in April this yr, the boards of (HDFC Ltd) and had permitted a composite Scheme of Amalgamation of the … Read more

Financial institution of India in partnership with Ok-fintech launches UPI-supported digital platform for NPS

[ad_1] 🔊 Take heed to this Article Financial institution of India in alliance with Ok-fintech has launched its UPI-enabled digital platform for the enrollment of Nationwide Pension System (NPS). The transfer is claimed to assist clients in a simple and easy account opening course of. They will merely scan the QR code and get their … Read more

Employer’s NPS contribution of 14% for state and central authorities workers proposed by FM

[ad_1] Union Finances 2022 for NPS: Finance Minister Nirmala Sitharaman whereas presenting the Finances 2022 has proposed to convey parity between the Central authorities workers and the state authorities workers so far as employer’s contribution to NPS is worried. The Nationwide Pension System (NPS) is being administered and controlled by the Pension Fund Regulatory and … Read more