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With an aim to provide subscribers with a wider range of annuity options, the Pension Fund Regulatory Development Authority (PFRDA) will now allow multiple Annuities for those NPS Subscribers who earmark the annuity corpus more than Rs 10 lakh wherein Rs 5 lakh utilised to buy each annuity scheme. PFRDA also notified that NPS subscribers will get the choice of multiple annuities from the same ASP will be made available. Under NPS, the immediate annuities are made available to the subscribers by Annuity Service Providers (ASPs) under the enabling provisions of Exit Regulations of PFRDA. As of now, the subscribers are allowed to buy one annuity scheme from the ASP at the time of exit.
What major economic target has India set for the year 2030 concerning goods exports?
________ is aiming to invest 165 billion rupees in clean energy projects to meet its 2040 net zero carbon emissions goal.
How much tax devolution has the Centre released to states to boost capital expenditure and welfare activities?
What is the focus of the Memorandum of Understanding (MoU) between the Indian Coast Guard and Steel Authority of India Ltd (SAIL)?
Which international organization launched the "Imagine a World with More Women in Science" campaign?
Which general insurance company has launched Anywhere Cashless’ feature for health insurance policyholders to avail cashless facilities at any hospita...
Ekamra Heritage Walks or Ekamra Heritage Project, aimed at rediscovering and celebrating the rich architectural treasures, traditions, rituals, and cust...
Which U.S. state has officially designated October as "Hindu Heritage Month" to celebrate the contributions of the Hindu-American community?
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth_____ at a 7.50% rate of inte...
A new mobile application GS NIRNAY (National Initiative for Rural India to Navigate, InnovAte and Resolve PanchaYat) decisions has been developed to rec...
