NPS Current Affairs, GK & News

Overseas Citizens of India (OCI) can now subscribe to National Pension System

As per the provisions of the PFRDA Act, the Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System (NPS) at par with Non Resident Indians (NRIs). Now, any Indian citizen, resident or non-resident and OCIs are eligible to join NPS till the age of 65 years. The contributions ..

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ESIC payroll data suggests 2 crore jobs created in 16 months

The Employees State Insurance Corporation (ESIC) payroll data released by the Central Statistical Office (CSO) suggests 2 crore jobs created in 16 months. The ESIC data is one of payroll numbers released by the Central Statistics Office (CSO) in its reports based on people joining various social security schemes run by Employees Provident Fund Organisation (EPFO) ..

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NRIs can now join NPS online through eNPS

The Union Finance Ministry has announced that non-resident Indians (NRIs) can now open National Pension Savings (NPS) accounts online i.e. through eNPS if they have Aadhaar Card or Permanent Account Number (PAN) card. Earlier, NRIs could open NPS accounts only through paper based applications by approaching Bank offices.  NPS is being regulated by the PFRDA ..

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