Finance Minister Nirmala Sitharaman announced NPS Vatsalya scheme in Budget 2024. What is this scheme about, and who should consider investing in it?
Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the
Currently, over 1.81 crore people are enrolled in NPS which has Rs 12,56 lakh crore of assets under management as on May 25, 2024
Known for providing stable and dependable returns on invested amounts, learn why fixed-income investments ought to be complemented with life insurance
NPS is picking up steam and becoming one of the most popular retirement-saving tools among the investing community.
NPS: According to a PFRDA circular, if the corpus is equal to or below Rs 2.5 lakh, then the full amount will be paid as a lump sum to the subscriber.
The data showed that the number of subscribers grew by 33.20% to 304.51 lakh as of August 31,2021, under APY
As per increased age eligibility norms, the subscribers who have closed their NPS accounts are allowed to open a new account.
Money9 Helpline hosted Optima Money Manager's Pankaj Mathpal to resolve all the queries related to NPS and retirement funds.
The milestone of 30 lakh voluntary subscribers under the NPS has been reached over a period of 12 years