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 ...
As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...
Expectations: In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced the NPS Vatsalya Yojana for minors, ...
13 小时on MSN
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 Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from ...
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 ...
16 小时on MSN
Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and 80CCD(3). This exemption is above the normal Rs 1.5 lakh under Section 80C.
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 ...
3 天on MSN
By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...
Finance Minister Nirmala Sitharaman announced that NPS Vatsalaya subscribers would receive the same tax benefits under ...
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