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Family Pension

Tax Benefits Under New Tax Regime You May Not Know About

Budget 2023 has made the new income tax regime the default option from FY2023-24, although the choice to avail of the old tax regime still exists.

05 April 2023

Supreme Court

Child Adopted By Widow After Death Of Govt Servant Husband Not Entitled For Family Pension: SC

The top court noted that Sections 8 and 12 of the Hindu Adoptions and Maintenance Act (HAMA), 1956 permits a female Hindu who is not a minor or of unsound mind, to adopt a son or daughter in her own right. 

17 January 2023

Five Changes In NPS Rules That An Account Holder Needs To Know

If you are a National Pension Scheme (NPS) investor or you are about to retire, here are the latest changes in its rules that you must know.

24 September 2022

IRDAI Sets Eyes On Higher Insurance Penetration, Ease Of Doing Business—Regulatory Roundup  

The Insurance Regulatory and Development Authority of India (IRDAI) has launched ‘EASE’ to improve insurance services for customers as well as boost insurance coverage in the country  

27 March 2023

Jeevan Pramaan Patra: 6 Ways A Pensioner Can Submit Life Certificate Online

To make the pension process easier for senior citizens, the government has provided several options to choose from for the submission of life certificates.

11 November 2022

The Politics And Repercussions Of Reverting To Old Pension Schemes By Congress & AAP

With state elections in the offing, vote banks are dictating political parties’ decision to revert to the erstwhile pension regime

21 September 2022

Union Minister Jitendra Singh

Govt Continuously Bringing Reforms To Facilitate Pensioners, Their Families: Jitendra Singh

Union Minister Jitendra Singh on Monday said the government has been continuously bringing reforms to facilitate pensioners and their families. Addressing the 49th pre-retirement counseling workshop here, he said now...

28 February 2023

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Woman Receives Family Pension After 30 Years

NHRC has helped a woman receive the family pension that had been denied to her for over thirty years following the death of her husband.

25 July 2022

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17 March 2022
Central Record Keeping Agency Launched Under NPS

Central Record Keeping Agency Launched Under NPS

Pension Fund regulatory ties up with CAMS to launch new central record keeping agency under National Pension Scheme


10 March 2022
NPS And Atal Pension Yojana See Membership Go Up 22% In A Year; Total Investments Are Up 28%

NPS And Atal Pension Yojana See Membership Go Up 22% In A Year; Total Investments Are Up 28%

Atal Pension Yojana, All Citizen and Corporate subscriber accounts see the most increase. Total investments increase to Rs 7.17 lakh crore, shows latest PFRDA...


10 March 2022
Old Pension Scheme vs New Pension Scheme: Know The Differences

Old Pension Scheme vs New Pension Scheme: Know The Differences

Two states have recently re-instated the old pension scheme. How are old pension scheme and new pension scheme different?


20 February 2022
EPFO Mulling New Pension Scheme For Formal Workers Getting Over Rs 15,000 Basic Wage

EPFO Mulling New Pension Scheme For Formal Workers Getting Over Rs 15,000 Basic Wage

At present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to Rs 15,000 per month at the time of...


16 February 2022
Bombay HC: 'Second Wife Not Entitled To Deceased Husband's Pension Without Legal Termination Of First Marriage'

Bombay HC: 'Second Wife Not Entitled To Deceased Husband's Pension Without Legal Termination Of First Marriage'

The bench observed that the state government had been correct in holding that only a legally wedded wife was entitled to family pension.


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12 November 2021
Family Charters - A Welcome Step Up In The Governance Of Family Businesses And Wealth

Family Charters - A Welcome Step Up In The Governance Of Family Businesses And Wealth

The Family Board is key for decision making and may acknowledge how family members would be identified in actively running existing businesses.


25 August 2021
Govt Declares Increase In Family Pension For PSB Employees; Employer Contribution To NPS Also Sees Hike

Govt Declares Increase In Family Pension For PSB Employees; Employer Contribution To NPS Also Sees Hike

This would result in the family pensions rise to as high as Rs 30,000-Rs 35,000 a month, said Department of Financial Services Secretary Debasish Panda.


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