cap Archives - Pinfaves

Kashmir on edge: Most tourists cancel travel plans, airlines cap flight ticket prices

August 6, 2019August 6, 2019 Loknath DasAirlines, cancel, cap, Edge, Flight, Kashmir, Most, On, plans, Ticket, Tourists, travel

The turmoil in Kashmir has not only cut short the travel plans of pilgrims and tourists currently visiting the state, but also thrown a spanner into upcoming travel plans for the long Independence Day weekend. According to Tourism Kashmir Director Nissar Wani, about 20,000-22,000 tourists were in Kashmir on Friday when the Jammu and Kashmir (J&K) administration issued an advisory asking Amarnath Yatris to cut short their pilgrimage and all tourists to leave Kashmir Valley at the earliest, citing terror threats. As per reports, only a little over 1600 tourists…

PFRDA raises NPS equity investment cap under ‘active’ choice, relaxes withdrawal norms

May 3, 2018 Loknath DasActive, cap, choice, equity, investment, Norms, NPS, PFRDA, raises, relaxes, Under, withdrawal

You will soon be able to opt for higher equity investment under the National Pension System’s (NPS) ‘active’ choice. The Pension Fund Regulatory and Development Authority (PFRDA) board of directors has approved increasing cap on equity investment in ‘active’ choice to 75% from current 50% for Private Sector Subscribers. Presently there is a cap of 50% on equity investment under active choice in NPS. A release issued by the PFRDA says that the increase in equity cap comes with a clause of tapering of the equity allocation after the age…