Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Roundtable Strategy Meet of Non-Bank Points of Presence (POPs) to discuss NPS penetration in Private sector held; POPs advised to tap the potential which has been created due to the availability of exclusive tax benefits on investment of ₹ 50000/- in NPS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Roundtable Strategy Meet of Non-Bank Points of Presence (POPs) to discuss NPS penetration in Private sector held; POPs advised to tap the potential which has been created due to the availability of exclusive tax benefits on investment of ₹ 50000/- in NPS - News and Press Release Dated:- 16-10-2015 - News - A roundtable strategy meet of Non-Bank Points of Presence (POPs) was held here day b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... efore yesterday to discuss NPS penetration in private sector. In his keynote address, Shri R. V. Verma, WTM (F) deliberated on the critical role of the POPs in the NPS architecture in soliciting and offering NPS to the individuals. He further said that POPs can play a vital role in on-boarding corporates in the NPS system and facilitating private sector employees in opting for NPS. Dr. B S Bhandar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... i, WTM (Eco) in his address informed about the present status of subscribers and Asset under Management (AUM). He emphasised that NPS being a low cost product, it has a vast potential in the private sector and the POPs should strategize to tap this huge opportunity. He also advised POPs to tap the potential which has been created due to the availability of exclusive tax benefits on investment of & .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... #8377; 50000/- in NPS. Some suggestions came from the POPs including offering online facility of account opening and tax exemption on par with other pension products etc. While summing-up, it was informed to the POPs that PFRDA would look into the suggestions of the POPs and action would be taken in the best interest of the subscribers. The Meet was attended by the sizeable number of POPs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... who shared their strategies for taking the NPS forward and increasing the number of subscribers. They also shared their feedback and suggestions on policy as well as operational aspects for making NPS more attractive for the subscribers. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates