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624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88%

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..... 624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88% - News and Press Release Dated:- 10-3-2023 - News - 624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88% Total pension assets under management (AUM) at Rs. 8.82 Lakh crore with Y-o-Y growth of 23.45% The number of subscribers under various schemes under the National Pension .....

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..... System (NPS) rose to 624.81 lakh as at March 4 th 2023 from 508.47 Lakh in March 2022 showing a year- on- year (Y-o-Y) increase of 22.88% (Table 1). Table 1: Number of Subscribers in various schemes under National Pension System and Atal Pension Yojana (in Lakh) 5 th March 2022 31 st March 2022 04 th March 2023 .....

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..... Y-o-Y Growth % Central Government 22.76 22.84 23.86 4.80 State Government 55.51 55.77 60.72 9.39 Corporate 13.84 14.05 16.63 20.19 .....

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..... All Citizen Model 21.51 22.92 28.40 32.02 NPS Lite* 41.88 41.87 41.77 -0.25 APY 352.97 362.77 453.42 28.46 Total 508 .....

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..... .47 520.21 624.81 22.88 *No fresh Registration permitted w.e.f. 01 April 2015 As on 4 th March 2023, total pension assets under management (AUM) stood at Rs. 8.82 Lakh crore showing a Y-o-Y growth of 23.45% (Table 2). Table 2: Total Assets under Management under Nation Pension System and Atal Pension Yojana (in R .....

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..... s. Crore) 5 th March 2022 31 st March 2022 04 th March 2023 Y-o-Y Growth % Central Government 2,15,176.58 2,18,576.94 2,55,207.38 18.60 State Government 3,58,902.07 3,69,4 .....

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..... 26.72 4,39,494.10 22.46 Corporate 85,081.03 90,633.28 1,14,871.58 35.01 All Citizen Model 30,221.83 32,345.77 41,302.53 36.66 NPS Lite* 4,612.86 4,686. .....

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..... 74 4,877.71 5.74 APY 20,347.94 20,922.58 26,113.66 28.34 Total 7,14,342.31 7,36,592.03 8,81,866.97 23.45 For further information on NPS and APY please visit www.pfrda.org.in .....

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..... - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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