Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...
“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...
As per the NPS rules, any Indian citizen between the ages of 18 years and 60 years can invest in the scheme. The person will require complying with know-your-customer (KYC) norms to start the ...
Even if the nominal annuity appears adequate at retirement for the NPS, persistently high inflation can significantly reduce ...
Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to ...
The finance ministry has notified the Unified Pension Scheme which guarantees structured retirement benefits, including up to ...
The National Pension System (NPS) introduced a new initiative called NPS Vatsalya in 2024, aimed at helping parents save for ...
The Centre has clarified in the notification that an employee will not be able to claim any policy-related changes, ...
NPS Vatsalya scheme was introduced during last year’s Budget. During Budget 2025, Finance Minister gave clarity on NPS Vatsalya Scheme Tax Benefits. Refer to my earlier posts on Budget 2025 – Budget ...
The UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...
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 ...