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        Case ID :
        Income Tax

        NRI Investments in NPS

        April 7, 2017

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        NPS access for non-resident Indians expands as retirement adviser rules amended to enable onboarding and advisory services. Amendment to the Retirement Adviser Regulations permits Retirement Advisers to provide onboarding and advisory services to NRIs, who are eligible to join the National Pension System on a voluntary basis between ages 18-60. The amendment enables facilitation of NPS account opening for NRIs through authorised Retirement Advisers, complements Points-of-Presence account opening, and supports an online facility to expand NPS participation and orderly pension sector growth.

        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>NPS access for non-resident Indians expands as retirement adviser rules amended to enable onboarding and advisory services.</h1> Amendment to the Retirement Adviser Regulations permits Retirement Advisers to provide onboarding and advisory services to NRIs, who are eligible to join the National Pension System on a voluntary basis between ages 18-60. The amendment enables facilitation of NPS account opening for NRIs through authorised Retirement Advisers, complements Points-of-Presence account opening, and supports an online facility to expand NPS participation and orderly pension sector growth.

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