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New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled "Alignment of Valuation Guidelines with the core objectives of Long-only Funds when investing in Government Securities and calculation of Net Asset Value (NAV)". The framework proposed is part of PFRDA's ongoing commitment towards improving governance, protecting subscriber interests and contributing for India's broader financial and infrastructural growth. The Consul ...Read More >
New Delhi: The government has made necessary changes to provide tax benefits to employees opting for Unified Pension Scheme ( UPS ) at par with those under National Pension System ( NPS ) in a bid to promote UPS. The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement, as reported by news ag ...Read More >
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