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President Biden has touted the NATO-Russia proxy war in Ukraine as a “battle between democracy and autocracy,” overlooking Kiev’s backsliding on elections (which have been canceled), and political, speech and religious rights and freedoms (which have been curtailed). Now, observers fear that an even more severe clampdown may be on the horizon.
Arnav Pandya says: "The circular does not specify that the same reason cannot be used for partial withdrawal multiple times. However, it is important to consider different reasons for withdrawal, such as medical treatment, to plan ahead and maintain a growing corpus. One can also withdraw for something which can help you in your career. You can also withdraw if you want to use it to start up a new venture or a startup."
India Business News: Learn about the new rules for NPS partial withdrawal, including how it works, limits, and frequently asked questions. Find out when it's advisable to opt for a partial withdrawal.
The Life Insurance Corporation of India (LIC) unveiled Index Plus, a new unit-linked life insurance policy. It is a non-participating, regular premium individual life insurance plan that provides life insurance coverage and cumulative savings throughout the course of the policy.
NPS withdrawal rules: PFRDA has issued a master circular dated January 12, 2024 to facilitate partial withdrawals and guarantee compliance with legislation.