Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...

NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...

The Pension Fund Regulatory and Development Authority has revised fees for opeing a National Pension System account.

The Pension Fund Regulatory and Development Authority (PFRDA) has announced the latest charges for opening National Pension ...

Indian citizens aged between 18 and 70 years of age. After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

Government employees retiring by March 31, 2025 can opt for Unified Pension Scheme (UPS) with increased contributions and ...

In the history of pension schemes, UPS is the latest addition. UPS is a pension scheme, however, here an employee has to contribute 10% of their basic pay and the DA (dearness allowance). The ...

UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a ...

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...

The Pension Fund Regulatory and Development Authority (PFRDA) may issue regulations for operationalising UPS, it said.

As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...

The NPS Vatsalya Scheme, launched on September 18, 2024, allows parents or guardians to open National Pension Scheme (NPS) accounts for minors, ensuring savings and pension benefits until the child ...