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Friends & Family
financial advisor for small saving
PFRDA’s New Pension Scheme
Pension
PFRDA’s New pension scheme comes into effect from 1st May 2009
The New Pension Scheme is a system which has defined contribution unlike assured benefits of old pension system.
The regulator has got the approval of the Election Commission to roll out the NPS.
NPS was originally scheduled for the beginning of this fiscal but was deferred due to the model code of conduct.
Only non-withdrawable portion of the pension system will be launched on May Day, while withrawable portion will be operational in about six months. NPS is mandatory for all Union Government employees, who have joined the service on January 1, 2004 or later.
Most of the state governments, except for Left-ruled ones and a few others have joined NPS for their employees.
Download following documents for full details
- List of Locations for opening NPS account
- Offer Document for New Pension System for all Citizens
- New Pension System (NPS) extended to all Citizens from 1st May 2009
- Detailed investment guidelines for all Citizens under the New Pension System
- Revised Subscriber Registration Form for opening NPS account and allotment of Permanent Retirement Account Number (PRAN)
- New Pension System for all Citizens_Welcome Kit
Tax Treatment
The offer document of NPS does not specify the tax benefits in elaborate manner. It specifies “Tax benefits would be applicable as per Income Tax Act, 1961 as amended from time to time.” As per current provisions, withdrawals under the NPS attract tax under the EET (exempt-exempt-taxable) system, which means that while contributions and returns to the NPS are exempt up to a limit, withdrawals would be taxed as normal income (EET).
MANOJ B. GANDHI [ 31May09]
i want clear information on new pension scheme.
Darshit [ 04Jun09]
Please let me know about the NPS is a good scheme for Future? Do we get tax benefit while investing and withdrawals would be Tax Exempted or Not ?
As per your analysis, what hardened earn money (INR) to invest in this scheme to secure future of self & family?
Also suggest some best tax exempted withdrawal pension plans for future purpose to secure future and min/max amount of investments.
Thanking you,
With regards,
Darshit Pandya.
RAJANNA.K.V. [ 21Jun09]
Dear Sir,
I would like to know to this PFRDA employees of private sector can also invest?
Please explain how it works for future & how much minimum & maximum one can invest?
Rgds,
Rajanna.K.V.
Datta Ram [ 05Sep09]
Dear Sir,
I would like to know to this PFRDA employees of private sector can also invest?
Please explain how it works for future & how much minimum & maximum one can invest?
Rgds,
Datta Ram
PIYUSH [ 13Sep09]
my age is 34 pl send worksheet explaining any 2 pension plans from lic giving pension of around 25000 pm
srinivasreddy [ 03Jan10]
Hi my name is srinivasreddy from bhongir i am 22 years old. I am intrested to become an agent and to take a penssion policy,after 5 years period i should get 10000 for month. please advice me which plan is good for me,please call me 9298759463
Rajesh [ 04Jan10]
Dear Sir/Madam,
I would like to knowabout PFRDA pension scheme and wher I can open an account for the same.
Regards,
Rajesh-9930135687
Hari Om Sharan Kher [ 07Jan10]
Dear Sir,
I want to know that, is it possible to subscribe NPS from more than one Pension Fund Manager, e.g. Reliance/SBI/UTI etc.
Kindly also upload the Form for making subsequent installments in NPS or provide the link for the same.
dheeraj bhargava [ 08Jan10]
Dear Sir,
I would like to know to this PFRDA employees of private sector can also invest?
Please explain how it works for future & how much minimum & maximum one can invest?
Rgds,
dheeraj bhargava
Jan Mohammed Chand Khan [ 21Jan10]
Sir, I want to apply for PFRDA>
Thanks
rao venkata rao [ 14Feb10]
employees cooperative society of central govt employees can participate in the scheme
jagdish [ 01Mar10]
9990590370,
subhajit chakraborty [ 20Jun10]
I want to know about the NPS schemes available in details, i.e., how much is minimum investment amount who all are covered (i.e., what age group) what are the agents commission rates if anyone is a corporate agent of BAJAJ CAPITAL for it?
Roopa [ 23Jun10]
Hello,
I would like to open a PFRDA account. Please provide me the details of the same.
regards,
roopa
johny sofat [ 02Jul10]
dear sir,
Please explain how pfrda works for future & how much minimum & maximum one can invest. Please send the application form and where I can open an account for the same.
Johny Sofat
pk adak [ 04Jul10]
let me know about NPS
S. N. Nema [ 07Jul10]
Please explain how pfrda works for future & how much minimum & maximum one can invest. Please send the application form and where I can open an account for the same.
S. N. Nema
compare with HDFC pension plan &new pension plan [ 12Aug10]
compare NPS to private pension scheme
sharad [ 12Aug10]
Please explain how pfrda works for future & how much minimum & maximum one can invest. Please send the application form and where I can open an account for the same.