In its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform KYC to verify customers, ease inter-usability of KYC records across the financial sector, and simplify the digitalisation of the KYC process. What is uniform KYC? How will uniform KYC ease the process of onboarding? What is going to change for customers? ET Wealth Online explains.
Learn how to open an NPS account online in 6 simple steps. Get tax benefits and invest in various asset classes. Follow this step-by-step guide to open your NPS account.
The decision to provide an 8.25% interest rate for 2023-24 was made by the EPFO's apex decision-making body, the Central Board of Trustees (CBT), during its meeting on February 10, 2024 a move that is anticipated to cheer up over 6.9 crore active EPFO subscribers.
The Pension Fund Regulatory and Development Authority (PFRDA) has notified the new Retirement Adviser Regulations to simplify the provisions related to eligibility criteria, timelines to expedite the process of registration and removal of the .