Pfrda Bill

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  Bill To Privatise 2 Public Sector Banks Coming In Winter Session

  Aiming to privatise two public sector banks, government will introduce the Banking Laws (Amendment) Bill 2021 in the Winter session of Parliament

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  Assets Under Management Under NPS, Atal Pension Yojana Cross Rs 6 Lakh Crore

  The pension assets under management (AUM) achieved a new milestone and crossed the Rs 6 lakh crore mark (Rs 6 trillion) under the National Pension System (NPS) and the Atal Pension Yojana (APY), after a gap of 13 years.

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  Retail NPS More Than Doubles In One Year

  Post the budgetary provision to provide tax benefits up to 40 per cent of maturity of investment in National Pension Scheme, the retail segment of NPS has grown by over 100 per cent over the past one year.

• Rajya Sabha passes Pension Bill: How it affects you

  The Rajya Sabha today passed the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will help extend pension cover to more citizens of the country through PFRDA's New Pension Scheme (NPS).

• Insurance bill to be taken up in winter session: Chidambaram

  The finance minister said the Insurance Laws (Amendment) Bill, which seeks to raise the foreign equity cap in the sector to 49 per cent, will be taken up in the winter session of Parliament.

• Pension reforms closer to reality but foreign investors wary

  The bill links the ceiling on foreign investment in pensions to a related law governing the insurance industry.

• Lok Sabha passes Pension Bill: 10 key facts

  The Lok Sabha today passed the Pension Fund Regulatory and Development Authority Bill 2011, which aims to create a regulator for the pension sector and extend the coverage of pension benefits to more people. The Pension Bill has been hanging fire since 2005 when it was first introduced in the Parliament. It was again reintroduced in 2011. Replying ...

• Pension Bill tabled in Parliament, will it be third time lucky?

  Finance Minister P. Chidambaram tabled the Pension Fund Regulatory and Development Authority Bill 2011 in Lok Sabha today. The Pension Bill aims to create a regulator for the pension sector and extend the coverage of pension benefits to more people. The Pension Bill has been hanging fire since 2005 when it was first introduced in the Parliament. It...

• Will the Pension Bill get Lok Sabha's nod after 8 years? Key facts

  After the passage of the Food Bill and the Land Acquisition Bill, the government is hoping to get the nod the Pension Bill, which was first introduced in 2005. The government is likely to move the Pension Fund Regulatory and Development Authority Bill, 2011 today in Lok Sabha. The Pension Fund Regulatory and Development Authority Bill 2011 aims to ...

• What is Pension Bill? Top 10 facts

  The government may move the Pension Bill in Lok Sabha today. The Pension Fund Regulatory and Development Authority Bill 2011 aims to create a regulator for the pension sector and extend the coverage of pension benefits to more people.

• Cabinet proposes 49 per cent FDI for pension sector

  Allowing FDI forms a part of the amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which was approved by the Union Cabinet.

• Cabinet likely to approve pension, insurance bills: 10-point cheat sheet

  The government is all set for its next round of big-ticket reforms; the Cabinet is expected to approve a proposal today to hike the cap on Foreign Direct Investment (FDI) in the insurance sector from 26 per cent to 49 per cent and to open up the pension sector to FDI. If okayed, these will be brought in Parliament in the Winter Session in December ...

• Cabinet defers decision on pension reforms Bill

  Among the UPA allies, Trinamool Congress has been quite vociferous in opposing the pension and insurance reforms.

• Pension Bill: Government takes on Mamata Banerjee?

  The Union Cabinet meets today and is expected to discuss and clear amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which has been stalled for years as political parties squabble over its provisions. The amended bill makes provisions for guaranteed returns and provides for easier withdrawal from the national pension...

• Cabinet to move three amendments to pension bill

  The Cabinet will meet tomorrow to move amendments to the Pension Fund Regulatory Development Authority (PFRDA) Bill. According to reports, three changes are being made to PFRDA Bill.