Sun, Sep 22, 2024
Announced in Budget 2024-25, NPS Vatsalya is a contributory pension scheme for minor subscribers that enables parents or guardians to create a retirement corpus on behalf of their children. The NPS Vatsalya scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA), the country's pension fund regulator.
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Wed, Mar 27, 2024
Monthly Income Scheme (MIS) at Post Office: Did you know that you can earn monthly interest ranging from Rs 6 to Rs 9,250 for five years against a one-time deposit to the tune of Rs 1,000-15,00,000 in a special, guaranteed income small savings scheme at the post office? Formally known as the National Savings Monthly Income Account (MIS), this savings plan enables depositors to park their funds to earn interest every month for the entire maturity period of five years. And what is the interest rate of the MIS plan? Currently, the scheme delivers a return of 7.4 per cent (paid monthly). Read on to learn all about this investment plan with examples.
Wed, Mar 08, 2023
EPFO has issued new guidelines for employees to opt for higher pension. Know what are the new rules of EPFO on pension and who will get the benefit of higher pension?
Sun, Aug 13, 2017
With the rates of fixed deposits falling, should you still invest in it? There are various financial instruments which are safe like FDs and can give returns of over 7%.
Fri, Jul 21, 2017
Finance Minister Arun Jaitley will be officially launching Pradhan Mantri Vaya Vandana Yojana (PMVVY) today.
Thu, Jul 20, 2017
As per the Ministry, Pradhan Mantri Vaya Vandana Yojana will provide an assured return of 8% per annum payable monthly (equivalent to 8.30% p.a. effective) for 10 years.
Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
Tue, Jan 24, 2017
The scheme will be open for subscription for a period of one year from the date of launch, Ministry added.
Fri, Jan 13, 2017
Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its European assets with Germany`s Thyssenkrupp , the Financial Times reported.
Tue, May 17, 2016
NEST requires all UK employers to enroll their eligible workforce into a qualifying workplace pension scheme.
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