[image: From May 1, Indians have access to another investment avenue to plan for retirement in the New Pension Scheme (NPS)]
*All about the New Pension Scheme* * * >From May 1, Indians have access to another investment avenue to plan for retirement in the New Pension Scheme (NPS). The scheme has been in the pipeline for at least five years but it finally took shape in 2007-08. Although the government was pushing for the scheme after a law providing statutory backing to the regulator was enacted, the Left parties, which were supporting the United Progressive Alliance government, did not allow the passage of the Bill. So, last year, the government decided to go ahead by allowing the NPS Trust to enter management agreements with fund managers. What benefits does the NPS offer? Who is eligible? *Business Standard* provides a ready-reckoner. * * http://business.rediff.com/slide-show/2009/may/04/slide-show-1-all-about-the-new-pension-scheme.htm --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
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