Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...
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 ...
A key fact is that only 2.2 million individuals have enrolled for the scheme despite it existing for nearly a decade ...
The National Pension System is a government-run investment scheme designed to provide retirement income to its subscribers.
Learn how salaried individuals with annual income up to ₹13.7 lakhs can make their income tax-free using NPS & standard ...
Finance Ministry introduces Unified Pension Scheme (UPS) under National Pension System (NPS) for government employees, ...
“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...
Government employees retiring by March 31, 2025 can opt for Unified Pension Scheme (UPS) with increased contributions and ...
The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from ...
Even if the nominal annuity appears adequate at retirement for the NPS, persistently high inflation can significantly reduce ...
The NPS Vatsalya scheme was launched in September 2024 after being announced in the July 2024 budget. It is a National Pension Scheme (NPS) for minors, allowing parents to contribute a certain ...