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 ...

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

Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...

Government employees retiring by March 31, 2025 can opt for Unified Pension Scheme (UPS) with increased contributions and investment options.

NPS Vatsalya scheme was introduced during last year's Budget. During Budget 2025, Finance Minister gave clarity on NPS ...

The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from April 1, 2025. Under this program, central government employees under the ...

“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...

Even if the nominal annuity appears adequate at retirement for the NPS, persistently high inflation can significantly reduce ...

We have used the official NPS calculator to do the calculations. We have taken 6.75 per cent annualised return, and a step up of 5 per cent (annually). If you invest Rs 5,500 monthly in the scheme. By ...

NPS Vatsalya was aimed at being an extension of the existing NPS system. While NPS catered predominantly to the employed section of the society, NPS Vatsalya allowed parents/ guardians to create ...

NPS Vatsalya 2025: During her Budget speech, Finance Minister Nirmala Sitharaman revealed that subscribers of the pension scheme NPS Vatsalya will now enjoy equivalent tax benefits as regular NPS ...