National Pension System News
Moving abroad? Here's what you should do with your NPS investments.
Can you still keep investing in NPS after becoming a non-resident Indian or an overseas citizen of India? What are the compliance requirements, tax consequences, and rules around withdrawals? Read on to find out.
4 min read27 May 2025This Pune resident saved ₹10 lakh in tax by transferring his pension fund to NPS
Had he withdrawn the ₹33 lakh he had in the pension fund, Amit Upadhyay would have had to pay ₹10 lakh (30% of ₹33 lakh) in tax, excluding cess and surcharge. Under NPS he can hold it to retirement and withdraw 60% of the money tax-free.
4 min read5 May 2025UPS vs NPS: Which pension scheme is better for central government employees?
UPS offers a guaranteed pension for life and 60% of it for the spouse. NPS, on the other hand, allows you to withdraw 60% of the corpus as a tax-free lump sum and invest the remaining 40% into an annuity.
5 min read10 Apr 2025Govt may raise equity allocation in NPS default scheme to 25%
An increase in equity allocation from 15% to 25% is expected to provide long-term benefits to central government employees.
2 min read1 Apr 2025Centre 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 2025The National Pension System was tweaked for flexibility but awaits tax clarity
This funded pension scheme now offers access to low-cost fund management with the option of staggered withdrawals of what was once a lump-sum. This change is welcome. Its age bars should go and taxation should be kept benign.
3 min read7 Jan 2025NPS: These pension fund managers gave 20% CAGR return on equity investment in Tier II accounts; see details
NPS: Most pension fund managers have posted five-year returns on their equity investment (Tier -II) in the range of 19-21 percent per annum. The lowest return was given by SBI-PF, while the highest return by ICICI-PF
2 min read7 Sep 202415 years of NPS: Everything you want to know about the ubiquitous retirement scheme
The Government of India introduced NPS from Jan 1, 2004 (except for armed forces) before rolling it for the general public five years later. The scheme is aimed at providing pension cum investment as security for old age to the citizens of India.
3 min read14 May 2024NPS: These pension fund managers gave 20% CAGR return on equity investment in Tier II accounts; see details
NPS: Most pension fund managers have posted five-year returns on their equity investment (Tier -II) in the range of 19-21 percent per annum. The lowest return was given by SBI-PF, while the highest return by ICICI-PF
2 min read7 Sep 2024