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NPS subscribers: Govt, corporate NPS subscribers can continue with existing investment after resignation or retirement

NPS subscribers: Govt, corporate NPS subscribers can continue with existing investment after resignation or retirement [ad_1] NPS subscribers must apply for Inter Sector Shifting (ISS) after leaving their employment on account of resignation or retirement by sending a request to the Central Record Keeping Agency (CRA) System. The Pension Fund Regulatory and Development Authority (PFRDA) circular dated September 29, 2022 ...

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SCSS Interest rate: Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holder

SCSS Interest rate: Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holder [ad_1] The Ministry of Finance, said in a press release issued on September 29, 2022, that it has been observed that when a Senior Citizens’ Savings Scheme (SCSS) account holder passes away, the operating agencies close the account and consider it ...

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Offline payments aggregators can’t store your debit, credit card details now

Offline payments aggregators can’t store your debit, credit card details now [ad_1] Offline payment aggregators such as those entities aggregating offline credit and debit card payments e.g swipes at physical merchant stores, will now be subject to the same government rules as applicable to online payment aggregators. Offline payments means those payments where both merchant and customers are present to ...

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Small Saving Schemes: Govt hikes interest rates of only these small saving schemes for Oct-Dec 2022 quarter

Small Saving Schemes: Govt hikes interest rates of only these small saving schemes for Oct-Dec 2022 quarter [ad_1] After close to four years, the government has increased the interest rates of certain small savings schemes. According to a circular issued by the Finance Ministry on September 29, the interest rates of two small saving schemes have been hiked by up ...

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