By Kurian Jose The National Pension System (NPS) offers great tax-saving opportunities, but there are myths that often ...

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 ...

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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.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

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 ...

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

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 ...

"The existing Central Government Employees under National Pension System (NPS), on the effective date of operationalisation ...

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