In the latest NPS reforms, the Pension Fund Regulatory and Development Authority (PFRDA) introduced some significant changes to the accumulation and withdrawal rules for the government as well as ...

Understanding NPS: Retirement planning is among the most critical areas of personal finance. With growing life expectancy and escalating expenses, it has become extremely essential to have a financial ...

PFRDA revises NPS charges, including NPS Vatsalya and NPS Lite, with a one-time onboarding fee and annual asset-based fee. Digital onboarding may cut costs.

APW above Rs 8 lakh and up to Rs 12 lakh: Up to Rs 6 lakh can be taken as lump sum, and the remaining amount must be used for annuity or withdrawn in a phased manner through systematic unit redemption ...

If the corpus is of Rs 8 lakh or less, full withdrawal is allowed. “In this slab, regulations do not permit Systematic Lump Sum Withdrawal (SLW/SUR). As the pension from a small ...