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The Central Pension Accounting Office (CPAO) has issued fresh guidelines to streamline the pension disbursement process for retirees under the National Pension System (NPS). The new instructions aim to ensure that pensioners receive their dues on time without unnecessary delays. In a memo dated March 12, 2025, the CPAO emphasized the need to follow the same procedural framework as the Old Pension Scheme (OPS) to avoid errors. The CPAO’s latest reminder follows an earlier directive issue
The Central Pension Accounting Office (CPAO) has issued fresh guidelines to streamline the pension disbursement process for retirees under the National Pension System (NPS). The new instructions aim to ensure that pensioners receive their dues on time without unnecessary delays. In a memo dated March 12, 2025, the CPAO emphasized the need to follow the same procedural framework as the Old Pension Scheme (OPS) to avoid errors. The CPAO’s latest reminder follows an earlier directive issue
The National Pension Scheme (NPS) is a government-backed retirement savings initiative designed to provide individuals with long-term financial security. With its tax benefits and flexible investment options, NPS is an attractive choice for those looking to systematically build a pension corpus. One of the most convenient ways to contribute to NPS is through a Systematic Investment Plan (SIP), which allows individuals to invest small amounts regularly, ensuring a d
The National Pension Scheme (NPS) is a government-backed retirement savings initiative designed to provide individuals with long-term financial security. With its tax benefits and flexible investment options, NPS is an attractive choice for those looking to systematically build a pension corpus. One of the most convenient ways to contribute to NPS is through a Systematic Investment Plan (SIP), which allows individuals to invest small amounts regularly, ensuring a d
For many young people, managing bills and budgets can leave very little room for savings, but even small investments in tax-free schemes can significantly contribute to building a secure financial future. These investments act as a foundation for a solid tax strategy, offering benefits under the old tax regime with annual investment limits.
Section 80C
Under Section 80C of the Income Tax Act, you can invest in options like the Public Provident
For many young people, managing bills and budgets can leave very little room for savings, but even small investments in tax-free schemes can significantly contribute to building a secure financial future. These investments act as a foundation for a solid tax strategy, offering benefits under the old tax regime with annual investment limits.
Section 80C
Under Section 80C of the Income Tax Act, you can invest in options like the Public Provident
The National Pension Scheme (NPS) Vatsalya, launched on September 18, 2023, has seen a positive response from Indian parents looking to invest in their children's future. As of November 17, 2023, the scheme has attracted 66,495 subscribers, with Maharashtra leading the pack with 9,219 accounts. Andhra Pradesh and Karnataka follow closely with over 6,500 subscribers each. In total, 18 states have seen over 1,000 accounts opened, demonstrating the scheme’s growing appeal.
Th
The National Pension Scheme (NPS) Vatsalya, launched on September 18, 2023, has seen a positive response from Indian parents looking to invest in their children's future. As of November 17, 2023, the scheme has attracted 66,495 subscribers, with Maharashtra leading the pack with 9,219 accounts. Andhra Pradesh and Karnataka follow closely with over 6,500 subscribers each. In total, 18 states have seen over 1,000 accounts opened, demonstrating the scheme’s growing appeal.
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In October, Indian investors showed strong confidence in mutual funds, investing a record Rs 25,323 crore through Systematic Investment Plans (SIPs), despite a turbulent stock market. This historic investment pushed the total number of SIP folios past 10 crore for the first time. SIP contributions hit this new peak just six months after surpassing Rs 20,000 crore, according to data released by the Association of Mutual Funds in India (Amfi).
Equity mutual funds recorded net inflows
In October, Indian investors showed strong confidence in mutual funds, investing a record Rs 25,323 crore through Systematic Investment Plans (SIPs), despite a turbulent stock market. This historic investment pushed the total number of SIP folios past 10 crore for the first time. SIP contributions hit this new peak just six months after surpassing Rs 20,000 crore, according to data released by the Association of Mutual Funds in India (Amfi).
Equity mutual funds recorded net inflows
The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore.
Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of
The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore.
Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of
