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.

By Kurian Jose The National Pension System (NPS) offers great tax-saving opportunities, but there are myths that often ...

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 ...

India's National Pension System is a voluntary, long-term investment plan for retirement, regulated by the Pension Fund ...

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

Finance Minister Nirmala Sitharaman’s eighth Union Budget 2025 focused on easing some financial worries of senior citizens.

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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

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 ...

The National Pension System is a government-run investment scheme designed to provide retirement income to its subscribers.

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

The government’s new Unified Pension Scheme (UPS) notification, effective from April 2025, outlines pension benefits for ...

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...