CENTRAL GOVERNMENT EMPLOYEES NEWS DOPT ORDERS

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New Pension Scheme(NPS) Vs Old Pension Scheme(OPS)

New Pension Scheme(NPS) Vs Old Pension Scheme(OPS) Various questions asked in Parliament regarding Old and New Pension Schemes on 10th August 2018 and the Minister replied for the questions are given below… GOVERNMENT OF INDIA MINISTRY OF FINANCE LOK SABHA UNSTARRED QUESTION NO: 4075 ANSWERED ON: 10.08.2018 Reintroduction of Old Pension Scheme RAKESH SINGH Will the M … [Read more...]

NPS Subscribers: Submit FATCA Self-Certification through Online

NPS Subscribers: Submit FATCA Self-Certification through Online Foreign Account Tax Compliance Act (FATCA) and Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) Ministry of Finance Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements Pension Fund Regulatory a … [Read more...]

NPS Subscribers: Know your FATCA Compliant Status

NPS Subscribers: Know your FATCA Compliant Status Click here to Know your FATCA Compliant Status Online Submission of FATCA Self-Certification Subscribers registered on or after July 1, 2014 are mandatorily required to submit FATCA Self–certification Please follow the steps given below for online Self-Certification: Log-in to your NPS account (please visit w … [Read more...]

Scrapping of New Pension Scheme

Scrapping of New Pension Scheme Representations have been received regarding the implementation of National Pension System (NPS) which, inter alia, include demand that NPS may be scrapped and the Government may re-introduce old defined benefit pension system. Government has made a conscious move to shift from the defined benefit pay-as-you-go pension scheme to defined … [Read more...]