PFRDA promotes, develops and regulates organised pension funds; namely National Pension System (NPS) to serve the old age income needs of people on a sustainable basis.
Govt to set up panel headed by finance secretary to improve NPS orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
The state governments of Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh have informed the Centre about their decision to revert to the old pension scheme and have requested a refund of the corpus accumulated under the NPS.
The government hiked the STT on options contracts to 0.021%, from the 0.017% stated in the Finance Act (2004). The STT for futures has been raised to 0.0125% from 0.01%
maharashtra government employees agitating for restoration of the old pension scheme (ops) on monday called off a week-long strike after a meeting between their representatives and chief ministereknath shinde here, a union leader said. vishwas katkar, the striking unions coordination committee’s convenor, claimed the state government has ‘in principle’ agreed to extend monetary benefits “equivalent” to the ops to employees who are part of the new pension system (nps). he did not provide further details.