NPS to OPS: Abolition of Contributory Pension Scheme – Cabinet agenda by the Govt of AP Abolition of Contributory Pension Scheme – Cabinet agenda by the Govt of AP MOST IMMEDIATE CABINET MEETING GOVERNMENT OF ANDHRA PRADESH GENERAL ADMINISTRATION (CABINET-I) DEPARTMENT U.O.Note No.1/Cabinet.I/2019-25 Dated: 08-06-2019 Subject: Meetings – Meeting of the Council of Ministers to … [Read more...]
NPS
NPS
Major Changes in National Pension System (NPS): Choice of Pension Funds and Investment Pattern
Major Changes in National Pension System (NPS): Choice of Pension Funds and Investment Pattern “The subscribers may exercise one of the above choices of Investment Pattern twice in a financial year” Introduction of choice of Pension Funds and Investment Pattern inTier-I of NPS for Central Government subscribers PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, … [Read more...]
Return of NPS Scheme (State Government Scheme)as on March 2019
Return of NPS Scheme (State Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 201 Particulars SBIPF Assets (Rs In Crore ) 53,946.41 Scheme Inception Date 25-Jun-09 NAV SBIPF 31-Mar-19 24.4139 52 Week High 24.4139 52 Week Low 22.0782 RETURNS SBIPF 3 Months 2.89% 6 Months 8.31% 1 Years 8.83% 2 … [Read more...]
Return of NPS Scheme (Central Government Scheme)as on March 2019
Return of NPS Scheme (Central Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 2019 Particulars SBIPF Assets (Rs In Crore ) 38,453.66 Scheme Inception Date 1-Apr-08 NAV SBIPF 31-Mar-19 28.4334 52 Week High 28.4334 52 Week Low 25.7230 RETURNS SBIPF 3 Months 2.86% 6 Months 8.32% 1 … [Read more...]
Voluntary Contribution in Tier I account by Govt. Sector Subscribers
Voluntary Contribution in Tier I account by Govt. Sector Subscribers In order to avail Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account. An additional deduction for investment up to Rs. 50,000 in NPS (Tier I account) is available exclusively to NPS subscribers. This additional investment can be made by the … [Read more...]