National Pension Scheme

Money

NPS exit rules explained: How the Retirement Income Scheme and drawdown options work

The PFRDA’s latest initiative aims to provide NPS subscribers with more flexible periodic payouts during the decumulation phase while continuing to support corpus appreciation through the RIS. While the subscriber gets periodic payments, the remaining corpus stays invested and continues to grow.

5 min read11 Jul 2026
Money

Dearness Allowance: Maharashtra approves payment of DA arrears for state employees under 5th, 6th and 7th CPC

Dearness Allowance: The Maharashtra state government has approved payment of DA arrears for state employees under the 5th, 6th and 7th central pay commissions. The total payout is ₹800 crore.

2 min read20 May 2026
Money

National Pension Scheme: Maharashtra makes revised NPS opt-in for employees — Check deadline, minimum pay, other details

Maharashtra government has made its revised National Pension Scheme optional for current employees and given till 31 December to opt-in. Here's a look at how pension will be calculated, the minimum monthly payout and years of service required to claim.

2 min read12 May 2026
Money

8th CPC: Market volatility hurting payout? Central govt employees representative demands assured pension — What we know

A representative body for central government employees has requested the 8th CPC to ensure a minimum payout under NPS to counter market volatility. A memorandum detailing the demands has been submitted to the panel.

2 min read12 May 2026
Money

What is NPS Sanchay? Check eligibility, withdrawal rules and investment details

India's pension regulator has launched NPS Sanchay for the informal sector. It aims to ease retirement savings for individuals with limited financial guidance. Full details here.

2 min read9 May 2026
Money

8th Pay Commission: Is 6% increment likely? Meetings begin over minimum pay, NPS removal, more promotion opportunities

The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentially raising pay significantly.

3 min read3 May 2026
Money

March 31 deadline looms: Here are last-minute tax-saving moves for FY 26

You can bump up your tax deductions under ‘Section 80C’ if you are still under the old tax regime by adding ₹50000 to the NPS (National Pension Scheme). The NPS addition under ‘Section 80CCD(1B))’ will take your total deduction to ₹2 lakh.

3 min read26 Mar 2026
Industry

Banks are showing interest in becoming pension fund managers: PFRDA chairperson S. Ramann

S. Ramann said the PFRDA has received enquiries from two banks.

1 min read13 Feb 2026
Markets

A simple 5-step financial plan that actually works

Financial success requires five simple steps: term insurance for earners, family health coverage, NPS for retirement, children's savings schemes, and a six-month emergency fund. These basics cover 99% of financial planning.

3 min read11 Dec 2025
Money

Centre notifies Unified Pension Scheme for government employees; check effective date, eligibility and other details

The Centre has decided to introduce the Unified Pension Scheme as an option for government employees, effective from April 1, 2025. Here is all you need to know about the new scheme.

2 min read25 Jan 2025