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This 80:20 rule for premature exit will apply to both the Government and Non-Government sector subscribers of NPS joining between 18-60 years. However, in the case of the Non-Government sector, the person should be a subscriber for 10 years. Under PFRDA (Exit and Withdrawal) (Amendment) Regulations, 2021 dated 14th June 2021, the provisions related to the lump sum withdrawal were modified for the benefit of subscribers. According to a PFRDA circular dated 21st September 2021, if the corpus is equal to or below Rs 2.5 lakh, then the full amount will be paid as a lump sum to the subscriber. In normal exit, the full amount can be withdrawn as a lump sum if the corpus is less than or equal to Rs 5 lakh. If the corpus is above Rs 5 lakh, then at least 40% of the accumulated pension wealth of the Subscriber has to be utilized for the purchase of an Annuity.
Calculate the Inventory Turnover Ratio
According to the Reserve Bank of India's report, what annual GDP growth rate does India need to harness its demographic dividend effectively over the ne...
A company’s quick ratio is 1.2. If inventory were purchased for cash, the:
Which of the following is not a type of order that can be placed in the Indian stock market?
Which type of analysis involves comparing the financial ratios of different firms at the same point in time?
Compute the Total Assets to Debt Ratio from the following information:
Share Capital: ₹12,00,000
Reserves and Surplus: ₹8,00,000
<...Which type of reserves are not to be included for the calculation of Capital for Capital adequacy norms?
According to the Union Budget 2023-24, consider the following statements.
1. Monthly merchandise exports declined from US$ 39.7 billion in Apri...
Risk and rewards are transferred in _______ and not in _______.
Who released the first Global Financial Centres Index (GFCI)?