PFRDA may allow fund managers to invest 3% of corpus in PE

Last Updated: Sunday, August 2, 2015, 13:41

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

Sebi chief urges small investors to put money in stocks

Last Updated: Thursday, July 30, 2015, 19:30

Sebi chairman U K Sinha on Thursday advised small investors to have faith in stock market and invest at least some portion of their savings into equities for better returns in future.

Now, NRIs can invest in National Pension System

Last Updated: Wednesday, July 22, 2015, 15:15

The government will shortly come out with a clarification on FEMA guidelines to facilitate non-resident Indians to invest in National Pension System.

Tata Steel up over 2% as UK pension dispute ends

Last Updated: Thursday, July 16, 2015, 13:07

Shares of Tata Steel jumped over 2 percent today following resolution of a major labour dispute at the UK arm of the company.

Govt to provide more funds to social security schemes: Arun Jaitley

Last Updated: Monday, July 13, 2015, 19:58

To expand social security coverage, government will provide more resources for flagship schemes such as Atal Pension Yojana and also launch their new variants, Finance Minister Arun Jaitley said Monday.

Greece vows pension, tax reforms from next week in return for loan

Last Updated: Wednesday, July 8, 2015, 18:05

Greece on Wednesday promised it would start pension and tax reforms next week, as demanded by creditors, in return for a three-year eurozone loan to drag its financial system back from the brink of collapse.

ECB's Draghi defends Greek pension, tax reforms

Last Updated: Wednesday, July 1, 2015, 19:07

"The measures on the pension system have been designed to be progressive and they have been mostly applied mainly to pensions above 1,000 euros," Mario Draghi wrote in the letter dated June 30 to Notis Marias.

China may invest $500 bn pension fund into stockmarket

Last Updated: Tuesday, June 30, 2015, 13:17

China may invest its huge USD 500 billion pension fund into the volatile stock market, a move officials say will keep up its value and improve management as the world's second largest economy faces challenges arising out of growing ageing population.

NPS investment into equities touch 13% in FY15: PFRDA

Last Updated: Monday, June 29, 2015, 22:00

For greater returns, the stock market investment from the New Pension System (NPS) corpus rose to 13 per cent in the last fiscal, while the pension regulator PFRDA is in discussion with the government for greater tax benefits for subscribers of this scheme.

Tax treatment of Atal Pension scheme unclear, says PFRDA

Last Updated: Sunday, June 28, 2015, 17:17

"Tax treatment of Atal pension is not clearly known but we understand it will be at par with the existing National Pension Scheme (NPS)," PFRDA whole time member B S Bhandari told PTI.

Haryana government revises Dearness Relief to 223 percent

Last Updated: Saturday, June 27, 2015, 20:13

The Haryana government has revised the Dearness Relief for pensioners and family pensioners of the state government on the un-revised pension and family pension from 212 percent to 223 percent.

PFRDA takes aim at NPS taxation, bats for level-playing field

Last Updated: Friday, June 26, 2015, 19:53

The Pension Fund Regulatory and Development Authority (PFRDA) on Friday said tax treatment on the National Pension Scheme (NPS) is a dampener and the regulator will continue to fight for a level-playing field.