India’s real estate market has been an attractive destination for global investors, particularly from the US. However, due to inflationary pressures in the US economy, investors have adopted a more cautious approach and decision-making is slow
2 min read15 Apr 2024A group of massive pension funds will dominate Australia’s retirement system in the coming decades as increasing mergers and rivalry leave just a handful of powerhouse investors.
1 min read14 Mar 2024EPFO allows subscribers to withdraw funds from their EPF Account, stressing the importance of updating accurate bank account details to avoid failed credit transactions
1 min read2 Mar 2024National Pension System: Currently, there are ten pension fund managers in the country, comprising seven private companies and three government-owned entities
1 min read28 Feb 2024Earlier the female central government employees could nominate only their husband, but now a women can nominate her children too. She must make a written request, stating that family pension should be granted to her eligible child in precedence to her spouse, in the event of her death.
1 min read30 Jan 2024PFRDA chairperson said the decline seen in e-NPS was responsible for the slow pace of enrolments this year, as per the report.
1 min read22 Jan 2024Subscribers are permitted to go for a maximum of three partial withdrawals for a total of one—fourth of the total contribution. Additionally, a subscriber must have been an NPS member for a minimum of three years.
1 min read17 Jan 2024The one-year equity returns on NPS tier-I account delivered by different pension fund managers range between 24 to 28 percent per annum. The highest returns on equity investment were given by ICICI Prudential Pension
2 min read10 Jan 2024Currently the employer’s contribution towards NPS is exempt up to 10 percent of salary whereas in case of provident fund, it is 12 percent.
1 min read7 Jan 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared