Planning for retirement is crucial to ensure a steady income and financial security. The National Pension System (NPS) is one ...

Lumpum withdrawal of up to 60% of the accumulated pension when an individual reaches the age of 60 is tax-free. At the time ...

The Central Pension Accounting Office (CPAO) has issued new directives instructing officials to process pension cases under ...

On the other hand, NPS offers flexibility and continuity as it does not require employer approval to stop contributions or transfer your account ... provides NPS benefits, they can continue ...

Open to Indian citizens aged 18 to 70, NPS offers two types of accounts—Tier 1 and Tier 2—both with tax benefits under Section 80CCD(1) of the Income Tax Act. To maintain the smooth ...

The latest Union Budget has expanded tax deductions for contributions made to the National Pension System's Vatsalya child ...

For salaried individuals in India, retirement planning goes beyond just saving—it’s about making the right choices. National pension system (NPS) and employee provident fund (EPF) are two key ...

while tax benefits in mutual funds are conditional. This is a default retirement scheme for private sector employees. However, they can also opt for NPS or both. The current EPF interest rate is 8.25 ...

Union Finance Minister of India Nirmala Sitharaman announced a significant tax benefit for parents investing in the National ...

The National Pension System (NPS) offers a secure and tax-efficient way to save for retirement. Here’s how you can seamlessly ...