The last year was an extremely challenging year because of COVID-19 restrictions, but still there has been growth of around 23 per cent in the subscriber numbers, PFRDA Chairman Supratim Bandyopadhyay told reporters

The amount/ pension received under APY is treated as taxable income. The beneficiary would be taxed as per applicable income tax slab

Budget 2021 expectations: One in a slew of suggestions focussing on senior citizens is to make the Senior Citizens Savings Scheme (SCSS) fully tax-free

Despite the unprecedented challenges poised due to pandemic, addition of more than 52 lakh new subscribers in the financial year 2020-21 so far has been remarkable and result of untiring efforts of banks, PFRDA said in the release

Employers' contribution of 14 per cent in pension under the National Pension System (NPS) scheme for the central government employees was made tax free from April 1, 2019

As many as 8,186 corporates have come on board with 10.50 lakh subscribers till October so far this year. It was 8.80 lakh last year in October from 6,795 corporates

In series of measures taken by the union government during coronavirus pandemic and the resultant lockdown, the auto debit facility for the Atal Pension Yojana (APY) contribution were suspended till June 2020

Employees who are members of EPF can withdraw 75 per cent of the amount standing to their credit, not exceeding their three months basic pay

The partial withdrawal of funds has been permitted to fulfil financial needs of National Pension System subscribers, if required to them for treatment of COVID-19

The Finance Ministry said in its press release ahead of the International Women's Day on March 8 that \"in the past six years, the ministry has launched various schemes which have special provisions for the empowerment of women

Here are some tips for smart tax planning in 2020

For state government and autonomous bodies, as per the extant tax rules, up to 10 per cent of the employers' contribution is tax-free and the rest 4 per cent is taxable at the hands of the employee

The Finance Ministry will soon come out with an advertisement to find a successor to head the Pension Fund Regulatory and Development Authority (PFRDA).

WEF 2019: Urbanisation to be big driver of Indian economic growth, says KantUrbanisation will be a big driver of economic growth in India going forward, supported by favourable macroeconomic factors, accelerated infrastructure building and continuing reforms, NITI Aayog CEO Amitabh Kant said at an event on the sidelines of the World Economic Forum Annual Meeting in Davos. He also said the Indian economy may even exceed the IMF growth forecast of 7.5 per cent for the country.Pension fund regul...

Financial Services Secretary Rajiv Kumar said that the PFRDA is also thinking of buckets of investments in which higher returns can be generated.