Subscribers under NPS at the time of their exit submit the online/offline withdrawal form (Annexure A) to the associated intermediaries viz nodal offices, POPs etc.(Photo: iStock) The National Pension ...
Now, the exit form of NPS will be treated as proposal form for purchasing annuity, thereby reducing the time and efforts of senior citizens as well as insurers, Irdai said. Irdai said the circular ...
From now on, the National Pension System (NPS) pensioners don’t have to fill any separate form to buy annuity from NPS proceeds at the time of retirement. Insurance Regulatory and Development ...
This article will explain the rule changes in clear terms and highlight the key operational and tax points you should ...
https://www.thehindubusinessline.com/money-and-banking/no-need-to-submit-separate-form-to-buy-annuity-from-nps-at-retirement/article65887638.ece Copy Insurance ...
Central Record Keeping Agencies (CRAs) have been advised to introduce this feature in their system at the earliest. NPS Nominee Change: Bringing a change in nomination in the NPS account will become ...
The Pension Fund Regulatory and Development Authority (PFRDA) has made it easier than ever to open an account under the National Pension System (NPS). In a move aimed at promoting financial inclusion ...
New Delhi, Sep 13 (PTI) Insurance regulator Irdai on Tuesday said it has done away with the requirement of submitting a separate form to buy annuity from NPS proceeds at the time of retirement. New ...