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Varishtha Pension Bima Yojana - 2017

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..... Varishtha Pension Bima Yojana - 2017 - News and Press Release Dated:- 24-1-2017 - News - The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its post-facto approval for laun .....

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..... ching of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of Government s commitment for financial inclusion and social security. The scheme will be implemented through Life Insurance .....

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..... Corporation of India (LIC) during the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest inco .....

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..... me due to uncertain market conditions. The scheme will provide an assured pension based on a guaranteed rate of return of 8% per annum for ten years, with an option to opt for pension on a monthly / q .....

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..... uarterly / halfyearly and annual basis. The differential return, i.e., the difference between the return generated by LIC and the assured return of 8% per annum would be borne by Government of India a .....

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..... s subsidy on an annual basis. VPBY-2017 is proposed to be open for subscription for a period of one year from the date of launch. - News - Press release - PIB Tax Management India - taxmanagemen .....

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..... tindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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