Cafemutual spoke to a few experts of the pension fund industry to gain insights into why MFDs should offer NPS.
This follows an earlier directive issued on Dec. 18, 2023, which sought to align pension processing under NPS with the OPS framework to ensure timely disbursal. Despite earlier instructions, ...
ICICI Prudential Pension Fund - Scheme E - TIER II is an NPS scheme that invests predominantly in Equity.This scheme is meant for TIER II investors.Under NPS, investors get 2 accounts namely Tier I ...
What is a high-interest current account? Whether you've just got paid or have funds put aside for emergencies, there's likely to be money sitting in your current account – but is it earning interest?
Under the revised Section 80CCD(1B), parents can claim deductions up to ₹50,000 for deposits into their child's NPS account, over and above the existing ₹1.5 lakh deduction limit under Section ...
The companies appeal court on Monday upheld the delisting of ICICI Securities Ltd from the stock exchanges, rejecting challenges by shareholders Quantum Mutual Fund and an individual investor.
In August last year, the NCLT Mumbai had paved the way for the delisting of ICICI Securities and its transformation into a wholly-owned subsidiary of ICICI Bank. The National Company Law Appellate ...
The National Pension System (NPS) is among two key retirement schemes ... HDFC Pension Fund had the highest average three-year return at 14.2%. ICICI Prudential Pension Fund, Kotak Mahindra ...
From April 1, 2025, all central government employees (except the armed forces) will get the option to choose from two pension schemes — the National Pension System (NPS) and the Unified Pension ...
Open to Indian citizens aged 18 to 70, NPS offers two types of accounts—Tier 1 and Tier 2—both with tax benefits under Section 80CCD(1) of the Income Tax Act. To maintain the smooth ...
The National Pension System (NPS) is a long-term savings option for individuals to plan their retirement ... provides retirement benefits to any Indian citizen aged between 18 and 70 years. The scheme ...