Unemployed individuals are eligible to open accounts under the National Pension System (NPS). Despite lacking a current ...

NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal) as it is designed as pension scheme which aim to provide income after ...

Starting April 1, 2025, central government employees, excluding those in the armed forces, must decide between the National ...

Allows up to 60% of the total accumulated corpus to be withdrawn. Both the National Pension Scheme (NPS) and the Unified Pension Scheme (UPS) are designed to ensure financial security in retirement.

The new NPS representative body will promote the pension scheme as a retirement product, ensure transparency and collaborate with policymakers. Section 80 CCD(1B) offers an additional deduction of ...

NPS Calculator: National Pension System or NPS Scheme is a market-linked pension scheme, which is quite popular with employees. NPS Scheme is considered one of the most suitable investment to create ...

There are several ways of saving for your retirement and the National Pension System or NPS is one of them. This is a market-linked voluntary retirement savings scheme that is regulated by the ...

But which is better? Read on to find out. Salaried individuals in India usually plan their retirement keeping in mind the National Pension Scheme (NPS) and the Employee Provident Fund (EPF).

The just-announced Unified Pension Scheme for central government employees will be available only for those who are currently subscribers of the New Pension Scheme (NPS), including retirees.

by the committee headed by additional chief secretary before taking a decision on reverting employees under National Pension Scheme (NPS) to the Old Pension Scheme (OPS). It has refused to set a ...