Pensions Current Affairs, GK & News

Workshop on National Pension System (NPS) for Corporates

On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and APY subscribers in the country has crossed 3.12 crores with Asset under Management (AUM) of ..


8.65 Per Cent rate of interest notified for EPFO Subscribers

The government has approved 8.65 per cent interest rate on employees provident fund for 2018-19. This will be credited into the accounts of over 60 million subscribers of EPFO. The government had approved an interest rate of 8.55 per cent for 201-18. Central Board of Trustees Recommendation The Central Board of Trustees which is the ..



PM Kisan Maan Dhan Yojana

The Central Government has launched the PM Kisan Maan Dhan Yojana, a pension scheme for small and marginal farmers of the country. Features of the Scheme The scheme is voluntary and contribution-based for farmers in the entry age group of 18 to 40 years. Monthly pension of Rs. 3000/- will be provided to farmers on ..


Update : Tax on Disability Pension of Military Veterans

After a ruckus in the lower house of the Parliament, Defence Minister Rajnath Singh has assured the house that he would inquire into the matter of tax on the disability pension for military veterans. Want is the issue? The Central Board of Direct Taxes had come out with a circular which stated that the disability ..


New index to Assess Quality of Central and State Budgets

The Confederation of Indian Industry (CII) has come out with a Fiscal Performance Index to assess the quality of budgets presented by the Centre and state governments. Fiscal Performance Index Fiscal Performance Index (FPI) is an innovative tool which uses multiple indicators to examine the quality of Budgets at the Central and State levels. It ..