Banks Get Nod to Directly Set Up NPS Pension Funds
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
Category : Search result: Maharashtra Legislative Members Pension Act
Maharashtra vehicle registrations jump 13.5% in 2025
Maharashtra saw over 32.7 lakh new vehicle registrations in 2025, a 13.5% annual increase. Mumbai alone added 3 lakh vehicles, intensifying traffic and pollution woes. Explore the full data breakdown.
TN Cabinet to decide on new pension scheme on January 6
A high-level Tamil Nadu committee reviewed recommendations for a unified pension scheme. The final decision will be taken by CM Stalin's cabinet on January 6. The panel also discussed the ongoing teachers' pay disparity protest.
Parliament spent less than 30% time on legislative business
A PRS analysis reveals Parliament spent under 30% of its time on lawmaking in 2025, passing 31 bills. Lok Sabha and Rajya Sabha sat for 62 days each. Read the full report.
Lok Sabha, Rajya Sabha spent under 30% time on laws in 2025
PRS Legislative analysis reveals Lok Sabha & Rajya Sabha spent less than 30% of 2025 time on legislative business. Question Hour also saw reduced functioning. Read the full report.
Bihar's Rs 3,000 Monthly Pension for Artists Begins
Bihar government initiates Mukhyamantri Kalakar Pension Yojana, offering Rs 3,000 monthly to senior artists. 85 selected, process ongoing. Scheme aims financial security for state's traditional artists.
Punjab Assembly Clash Over Viksit Bharat-G RAM G Act
Punjab assembly witnessed a fiery debate rejecting the Centre's new Viksit Bharat-G RAM G Act. AAP calls it an 'anti-Dalit conspiracy', Congress demands Delhi protest, while BJP defends it for transparency.
NPS Needs Rs 50,000 Tax Benefit in Upcoming Budget
Axis Pension Fund CEO calls for a Rs 50,000 tax deduction for NPS under Section 80C to revive the scheme's appeal under the new tax regime. Key demands ahead of the Union Budget.
HC Rejects Haryana Employees' Plea on Old Pension Scheme
Punjab & Haryana High Court dismisses petition by Haryana employees challenging the cut-off date for the Old Pension Scheme. The court upholds the state's policy decision. Read for details.
UP Old Age Pension Beneficiaries Rise to 67.5 Lakh
Uttar Pradesh's old age pension scheme expands to 67.5 lakh beneficiaries after adding 9.83 lakh in 2025. Digital drives weed out ineligible names, ensuring support reaches the deserving elderly.
German Citizen Ex-MLA Draws Pension, Congress MLA Protests
BRS leader Chennamaneni Ramesh, declared a non-citizen by Telangana HC, continues to receive MLA pension. Congress MLA Adi Srinivas demands recovery of all benefits. Read the full controversy.
New Pension Plan: Start Contributions at Birth for Secure Old Age
Experts propose a radical pension model for Viksit Bharat: start contributions at birth with a govt seed fund. This could secure a ₹2.1 lakh monthly pension by 60, tackling India's ageing crisis. Read the full proposal.
2025: A Turning Point for India's Pension System
2025 saw landmark reforms in India's retirement landscape. Explore key changes to NPS flexibility and stricter EPF withdrawal rules, and learn how they impact your financial future.
Centre Blocks Pension Funds, Kerala Govt Pays Advance
Kerala Finance Minister K N Balagopal alleges the central government has failed to transfer welfare pensions, despite the state advancing Rs 25 crore. Over 8.4 lakh beneficiaries affected.
HC: State pension no automatic right to Central pension
Madras High Court clarifies that a state govt's freedom fighter pension does not create an automatic right to the Central govt's pension. The conditions of the Union scheme must be independently satisfied. Learn more about the key ruling.
Telangana Pension Audit Exposes Widespread Fraud
A pilot audit in Telangana reveals 10% of social pension beneficiaries are ineligible, including govt employees' families & car owners. State plans massive clean-up. Read details.
HC ends 19-year dispute, orders pension for adopted son
Punjab & Haryana High Court directs PSEB to release pension with 9% interest to adopted son after 19-year legal fight, upholding adoption validity. Justice served.
NPS Reforms: Lower Lock-in, Annuitization Rules Eased
PFRDA's latest NPS reforms reduce lock-in to 15 years, ease annuitization rules, and add gold ETFs. Discover how these changes strengthen retirement planning for Indians.
HC Grants Pension to Mother After Teacher Son's Death
Punjab and Haryana High Court directs Haryana govt to give pension to mother of deceased teacher, ruling nomination by husband doesn't bar claim. Read the full story.
Karnataka Assembly's Question Hour Crisis: 2000 Queries Unanswered
Nearly 2000 legislative questions on public spending and welfare schemes lie unanswered in Karnataka, crippling oversight. MLAs across parties demand transparency as govt promises action. Read more.
Key PFRDA Amendments Boost Flexibility for NPS Subscribers
PFRDA amends rules, giving NPS subscribers more control over fund managers and investment choices. Learn how these changes impact your retirement corpus.
HC Orders Immediate Pension Process for Retired Judge Sridevi
Telangana High Court orders state govt to immediately begin pension process for retired judge Justice G Sridevi. Status report due by Jan 5, 2026. Read the full story.
Maharashtra Ends No-Dues Certificates for Faster Pensions
Maharashtra govt eliminates mandatory no-dues & inquiry certificates for retiring employees, ensuring timely pension processing. A major reform to prevent financial hardship.
Maharashtra ends no-dues certificate rule for pensions
Maharashtra govt scraps mandatory no-dues certificates for retiring employees, aiming to expedite pension processing and prevent financial hardship. Learn about the key reforms.
NPS New Rules: 80% Lump Sum, Exit Age 85
PFRDA's new NPS norms boost lump sum withdrawal to 80% for private subscribers, raise exit age to 85, and allow loans against corpus. Key changes explained.
Karnataka Council Passes 5 Bills Amid Chaos, Adjourned
Karnataka Legislative Council passes five key bills after heated arguments between BJP and Congress members force a 10-minute adjournment. Read the full details of the political showdown.
SC Grants Disability Pension to Retired Colonel Injured in Service
Supreme Court dismisses Centre's appeal, grants disability pension to Colonel Harinder Pal Singh for injuries sustained during service, including while on leave. Landmark ruling upholds 'national extension of employment' principle.
Ex-Rahul Gandhi aide's wife Pradnya Satav defects to BJP
In a major setback for Congress ahead of Maharashtra civic polls, MLC Pradnya Satav, wife of late Rahul Gandhi confidant Rajeev Satav, joins BJP. Congress strength in Council falls to six.
The Enduring Significance of Private Members' Bills
Explore why Private Members' Bills, though rarely becoming law, are vital for shaping policy debates and legislative direction in the Indian Parliament. Understand their impact on democracy.
Karnataka Council Clears 11 Bills in One Day
Karnataka's Legislative Council passed 11 crucial bills, including the Karnataka Land Revenue Amendment Bill, in a single day. Key legislation on land, co-operative societies, and more approved. Read the full details.
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