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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

Are you planning for a secure and comfortable retirement? The National Pension System (NPS) offers an excellent opportunity ...

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 ...

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 ...

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...

The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from ...

India's National Pension System is a voluntary, long-term investment plan for retirement, regulated by the Pension Fund ...

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...

The Unified Pension Scheme (UPS), notified by the Finance Ministry, assures a 50% pension of the last 12 months' average ...