In a significant move aimed at strengthening India’s social security framework, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of the Atal Pension Yojana (APY) till the financial year 2030-31. The decision also includes an extension of government funding support for promotional and developmental…
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PFRDA Seeks Feedback on New Pension Fund Valuation Guidelines
The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled “Alignment of Valuation Guidelines with the Core Objectives of Long-Only Funds when Investing in Government Securities and Calculation of Net Asset Value (NAV)”. The move marks a step forward in strengthening transparency, governance, and subscriber…