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Friday, October 5, 2012

NPS : Cabinet approves amendmended PFRDA Bill with option of Minimum Assured Return

The union cabinet today approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2011 that allows the subscriber seeking minimum assured returns to opt for investing his funds in such schemes providing minimum assured returns as may be notified by the Authority.These official amendments have been necessitated in view of the rec....
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