The objective of Unified Pension Scheme is to provide financial security to the Central government employees after retirement ...

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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...

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

As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...

Government employees will see significant changes in their pensions under the National Pension System (NPS) and the UPS once the recommendations of the new pay panel are implemented next year.

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...