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 ...
NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...
As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...
Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...
As a parent, your child's future is your top priority. You want to give them a secure and stable life. One way to do this is ...
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 ...
The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from ...
The National Pension System is a government-run investment scheme designed to provide retirement income to its subscribers.
UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a ...
“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...
NPS Vatsalya is a retirement plan for minor children, allowing parents or guardians make investments on their behalf ...
Finance Minister Nirmala Sitharaman announced that NPS Vatsalaya subscribers would receive the same tax benefits under ...