PFRDA Makes Penny Drop Verification Mandatory for NPS Fund Withdrawal The Pension Fund Regulatory and Development Authority (PFRDA) has recently announced a significant change in the National Pension System (NPS) withdrawal process. The regulatory body has made ‘penny drop verification’ mandatory for NPS fund withdrawals. This move has far-reaching implications for individuals preparing for various…
Government Maintains GPF Interest Rate at 7.1% for 15th Consecutive Quarter In a significant development for government employees and aspirants preparing for various competitive exams, the Indian government has decided to maintain the General Provident Fund (GPF) interest rate at 7.1% for the 15th consecutive quarter. This decision was announced recently and has garnered the…
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