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How to deposit money in your National Pension Scheme account via UPI?

At present, contributions to the pension scheme account were available using net banking. With the introduction of UPI method, the contributions have become easy and flexible.

The Pension Fund Regulatory and Development Authority has launched a UPI handle for depositing contribution.
The Pension Fund Regulatory and Development Authority has launched a UPI handle for depositing contribution.
Published on Aug 13, 2022 10:31 AM IST

Budget 2022: Tax benefits to NPS for state govt employees hiked from 10% to 14%

With finance minister Nirmala Sitharaman's announcement, the tax deduction limit is now at par with central government employees.

Tax deduction limit raised from 10 per cent to 14 per cent on employers' contribution to the NPS account for state government employees.(Representative Photo)
Tax deduction limit raised from 10 per cent to 14 per cent on employers' contribution to the NPS account for state government employees.(Representative Photo)
Published on Feb 01, 2022 01:39 PM IST

NPS withdrawal: Penny drop facility to check bank account details of subscribers

The PFRDA said the ‘penny drop’ facility will check if the bank details provided by the NPS subscriber is active and valid by crediting Re 1 into the account.

The facility was introduced after difficulties were faced while crediting the withdrawal amount to the subscriber's account.(Representative image)
The facility was introduced after difficulties were faced while crediting the withdrawal amount to the subscriber's account.(Representative image)
Published on Jul 28, 2021 08:53 AM IST

'Nagaland government wrongly used funds belonging to employees': CAG report

The state government failed to discharge its statutory liability as it could not contribute ₹28.57 crore as its matching share under the NPS.

Image for representation. (Getty Images/iStockphoto)
Image for representation. (Getty Images/iStockphoto)
Updated on Feb 20, 2021 08:48 PM IST

NSO releases employment outlook report

In all the three schemes, the number of new registrations increased after June 2020.

The least registration in the ESI scheme for both men and women in the formal sector came in the month of April 2020.(Representational photo)
The least registration in the ESI scheme for both men and women in the formal sector came in the month of April 2020.(Representational photo)
Published on Jan 25, 2021 02:54 PM IST
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