Revised NPS charges for Points of Presence now start on 1 December 2026
TaxByKK · Compliance News · taxbykk.com26 Oct 2026
In short
PFRDA has moved the start date of the revised charge structure for Points of Presence (PoPs) under all NPS and NPS Lite schemes from 1 October 2026 to 1 December 2026. The Central Recordkeeping Agencies will deduct charges under the revised structure from 1 December 2026; everything else in the August circular stays the same.
- Authority
- Pension Fund Regulatory and Development Authority (PFRDA)
- Circular
- PFRDA/2026/53/REG-POP/09 dated 26 October 2026
- Type
- Circular
- Effective from
- 1 December 2026
- Modifies
- Circular PFRDA/2026/46/REG-PoP/08 dated 28 August 2026
- Applies to
- All PoPs, CRAs and NPS subscribers
What changed
| Item | Before | Now |
|---|---|---|
| Start date of the revised PoP charge structure (NPS and NPS Lite) | 1 October 2026 | 1 December 2026 |
Only the date changes. The charges themselves are as set out in PFRDA's circular of 28 August 2026.
Who it applies to
- Points of Presence: banks and other entities that sell and service NPS
- Central Recordkeeping Agencies (CRAs)
- NPS and NPS Lite subscribers, and employers running corporate NPS
What to do
- PoPs: keep charging under the existing structure until 30 November 2026.
- PoPs and CRAs: switch billing systems to the revised structure from 1 December 2026.
- Employers with corporate NPS: check the PoP charges shown on contribution statements after 1 December 2026.
Reference
PFRDA circular PFRDA/2026/53/REG-POP/09, 26 October 2026, Charge structure applicable to PoPs for All Schemes under NPS and NPS Lite; modifies PFRDA/2026/46/REG-PoP/08, 28 August 2026. Issued in Hindi and English.
Read the official PDF: PFRDA circularWritten by TaxByKK from the official notification. Check the official text before you act on it.
Frequently asked questions
When does the revised NPS PoP charge structure start?
From 1 December 2026. It was earlier due to start on 1 October 2026.
Who deducts the revised charges?
The Central Recordkeeping Agencies (CRAs), from 1 December 2026.
Does anything else in the August 2026 circular change?
No. Only the implementation date has been revised.