A practical guide for NRIs in the US comparing 401(k) and India’s NPS pension scheme — covering eligibility, US tax treatment, FBAR/FATCA rules, DTAA benefits, and who should invest in what.
Latest National Pension System News & Updates
Bhopal, Feb 10 (IANS) The Madhya Pradesh Cabinet meeting, chaired by Chief Minister Mohan Yadav, was held at the Secretariat on Tuesday. The Council of Ministers approved the Madhya Pradesh Civil Services (Pension) Rules, 2026, and the Madhya Pradesh Civil Services (Commutation of Pension) Rules, 2026. The Finance Department has been authorised to publish the rules as approved.The proposed rules simplify procedures and jurisdictions, which will facilitate pensioners. Related cases can be resolve…
New Delhi, Jan 13 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS).This move aligns with the provisions of the PFRDA Act and aims to enhance the security of retirement income for subscribers, according to a Finance Ministry statement issued on Tuesday.The committee will be chaired by Dr M.S. Sahoo, Founder of Dr Sahoo…