PFRDA opens the door for scheduled banks to set up pension funds, reshaping the National Pension System from 2026 Representational pic In a significant reform aimed at widening pension coverage, the Pension Fund Regulatory and Development Authority (PFRDA) has approved a new framework that allows eligible scheduled commercial banks to independently establish pension funds and act as sponsors under the National Pension System (NPS). Until now, NPS pension funds have been spons

In the current era, people spend more on food, travel, and lifestyle accessories than on investments. While enjoyment is important, it is equally essential to invest for the future. Just as paying taxes is compulsory, investing a part of your income should also be treated as a financial responsibility CA Lakshman Kumar Gurram (Pic credit: Shrikanth Karri) Investments not only safeguard against inflation but also help you achieve long-term goals such as buying a home, children