Categories: BUSINESS

NPS rules changed! Non-government subscribers can withdraw 80% of corpus from National Pension Scheme — new rules explained

NPS retirement withdrawal rules have been significantly revised, allowing non-government subscribers to withdraw up to 80% of their corpus as a lump sum. The mandatory annuity purchase requirement has been reduced to a minimum of 20%, offering greater flexibility in managing post-retirement income.
Sumitra

Recent Posts

HDFC Bank sends names of 2 CEO candidates to RBI

HDFC Bank has presented two candidates to the RBI for the upcoming role of managing…

11 hours ago

RBI rejects Tata Sons’ bid to stay private, directs listing

Tata Sons' bid to relinquish its core investment company registration has been turned down by…

11 hours ago

2 homebuyers paid Rs 1.16 crore, got no flats; RERA orders builder to refund with interest

The Maharashtra Real Estate Regulatory Authority has directed the developer to refund the amounts paid,…

1 day ago