Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...
The Pension Fund Regulatory and Development Authority has revised fees for opeing a National Pension System account.
NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...
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 ...
This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...
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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.
The Unified Pension Scheme is applicable to Central Government employees already enrolled in the NPS and will be available to ...
By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...
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 ...
Unified Pension Scheme for Central Government employees under NPS offers lifelong benefits, including minimum pension and ...
Government employees retiring by March 31, 2025 can opt for Unified Pension Scheme (UPS) with increased contributions and ...