PFRDA approves a new framework allowing banks to independently sponsor and manage NPS pension funds, aiming to enhance competition and protect subscribers. New trustees appointed and fee structure revised.
PFRDA permits banks to establish pension funds for NPS, boosting competition. Fee structure revised from 2026. NPS Trust gets new trustees. Explore the impact on your retirement savings.
PFRDA approves banks as direct pension fund sponsors for NPS, aiming to widen access and increase competition. New fee structure and trustees also announced.
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.
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.
Most Indian investors chase high returns, ignoring risk. This article explains the true nature of risk in equity & debt funds, how to manage it, and why your behavior is the biggest threat to your portfolio.
Axis Max Life launches High Growth Fund II, an actively managed midcap equity fund with an 80-100% equity allocation. NFO period runs from 31 December 2025 to 15 January 2026. Explore its strategy, risk profile, and who should invest.
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.
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.
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.
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.
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 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.
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.
The University of Mysore fails to pay monthly pensions to its 1,900+ retired staff, citing a severe fund crunch. Retirees face medical & financial emergencies. Read more.
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.
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.
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.
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.
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.
Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.
Parliament's Winter Session passed laws allowing 100% FDI in insurance & pensions, cutting mutual fund fees, and reforming banking. Here's how it changes your finances.
PFRDA amends rules, giving NPS subscribers more control over fund managers and investment choices. Learn how these changes impact your retirement corpus.
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 govt eliminates mandatory no-dues & inquiry certificates for retiring employees, ensuring timely pension processing. A major reform to prevent financial hardship.
Delaware court sides with Elliott Management, ordering the winding down of a Stronghold-managed oil & gas fund. The ruling stems from a breach of a 2022 settlement agreement. Read the full details.
Maharashtra govt scraps mandatory no-dues certificates for retiring employees, aiming to expedite pension processing and prevent financial hardship. Learn about the key reforms.
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.
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.
Sebi introduces new mutual fund rules with lower expense caps, transparent fee structures, and simplified compliance. Learn how this impacts your investment costs from April 2026.