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TMI BlogVarishtha Pension Bima Yojana - 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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