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EPFO, NPS data show 5.2 crore payrolls addition in last 4 years: SBI study

by AIP Online Bureau | Sep 16, 2023 | Data, Eco/Invest/Demography

“If this trend continues for the whole fiscal then in FY24, the net new payroll cross the 160 lakh mark (highest-ever) with first payroll in the range of 70-80 lakh,” it said The research report further said NPS data indicates that 8.24 lakh new...

Total Asset Under Management (AUM) under NPS reaches Rs 10 lakh crore

by AIP Online Bureau | Sep 3, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security

For corporates, it was Rs 1,35,218, for all citizen model the AUM was Rs 47,663, for NPS Lite it was Rs 5,157 and for Atal Pension Scheme the AUM was Rs 30,051 New Delhi: The number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY)...
Will meet FM Sitharaman to claim refund of Rs 9242.60 cr deposited in NPS: HP CM Sukhu

Will meet FM Sitharaman to claim refund of Rs 9242.60 cr deposited in NPS: HP CM Sukhu

by AIP Online Bureau | May 29, 2023 | Indian News, Pension & Social Security, Policy

Sukhvinder Sukhu,Chief Minister,Himachal Pradesh Sukhu also assured that the benefits of the old pension scheme would be extended to board-corporation employees, and corporations that have been excluded from this scheme would be included in due course Dharamshala:...

HDFC Pension Management company crosses Rs 50,000 crore assets

by AIP Online Bureau | May 21, 2023 | Indian News, Pension & Social Security

“The superior returns, attractive tax benefits, and low charges make for a strong customer proposition for investing in our pension products. With our AUM crossing the threshold of Rs. 50,000 cr., the effective Fund Management Charges for our subscribers will...

NPS, APY subscribers rise 23 pc in FY23; over 1 cr customers added under Atal Pension Yojana

by AIP Online Bureau | Mar 10, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Wealth Management/ Philanthropy

Of the total 6.24 crore subscribers currently, 23.86 lakh and 60.72 lakh are central and state government employees, respectively. Corporate subscribers stood at 16.63 lakh New Delhi: The number of subscribers under the National Pension Scheme (NPS) and Atal Pension...
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