Change in Monthly Contribution towards West Bengal New Pension Scheme Government of West Bengal Finance Department Audit Branch Memo No. 2522-F(Y) Dated, 26th April, 2019 Memorandum Recently, the Ministry of Finance, Government of India has notified the change of monthly contribution on the part of the Central Govt. towards NPS from the existing 10% to […]
New Pension Scheme
Government allows premature withdrawal from New Pension Scheme Fund.
Government allows premature withdrawal from New Pension Scheme Fund. Subscribers are now eligible for three partial withdrawals during the period of subscription under National Pension System (NPS), each withdrawal not exceeding 25 per cent of the contributions. The Government has allowed premature withdrawal from New Pension Scheme Fund. A subscriber is now eligible for three partial […]
Withdrawal from New Pension Scheme
Withdrawal from New Pension Scheme Government has allowed premature withdrawal from New Pension Scheme Fund. A subscriber is eligible for three partial withdrawals during the period of subscription under National Pension System (NPS), each withdrawal not exceeding twenty-five percent of the contributions made by the subscriber and excluding contributions made by the employer. There is, […]
New Pension Scheme Demand To Scrap it.
New Pension Scheme Demand To Scrap it. NEW PENSION SCHEME (NPS): The New Pension Scheme is made compulsory for Government employees was brought into effect 2004, this has effected them a lot, lot of agitations are being carried out on scrapping the New Pension Scheme, this agitations has forced many State Governments such as Karnataka, Kerala, Andhra […]
New Pension Scheme Requires Govt Employees To Contribute 10% Of Monthly Wages; Draws Criticism
New Pension Scheme Requires Govt Employees To Contribute 10% Of Monthly Wages; Draws Criticism The new pension scheme has ruffled a lot of feathers. Government employees all over the country have been vocal about their concerns in regard to the new scheme. As reported by The Wire against the Rs 9,000 minimum guaranteed amount under the old scheme, employees […]