Tag: #nps
Investors know about NPS but do not invest: What is keeping you away from NPS?
It is the cheapest market-linked investment product, is very tightly regulated and offers several tax benefits. Despite these advantages, the National Pension System (NPS) has…
New NPS contribution rules and guidelines for central govt employees announced: Check details
The government has notified new NPS (National Pension System) rules with updated contribution guidelines for leave and suspension which may increase retirement savings and pensions…
Sitharaman launches NPS Vatsalya that lets parents open pension account for kids
NEW DELHI: Union finance minister Nirmala Sitharaman on Wednesday said the old-age financial security scheme, National Pension System (NPS) is a “very attractive proposition” for…
NPS Vatsalya for minors to launch in two weeks, find all its details here
Sep 06, 2024 12:25 PM IST NPS Vatsalya, originally proposed in the Union Budget 2024 is a modified version of the National Pension System (NPS),…
Over 23 lakh govt employees under NPS get option to choose unified pension scheme
New Delhi: The just-announced Unified Pension Scheme for central government employees will be available only for those who are currently subscribers of the New Pension…
UPS scheme: Ahead of polls, Maharashtra becomes first state to approve Unified Pension Scheme
The Maharashtra Cabinet on Sunday approved the central government‘s Unified Pension Scheme (UPS), becoming the first state to do so and just within 24 hours…
New pension scheme for minors introduced in Union Budget 2024: Details and how to apply
The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman in the parliament on July 23 announced a new pension scheme for minors, called the…
Income Tax Bonanza in Budget 2024: Will FM Sitharaman make new tax regime attractive in Budget? Changes taxpayers want
The new income tax regime, also known as the concessional tax regime, is designed to offer lower tax rates for individual taxpayers compared to the…
Though no change in interim budget, full budget should ease these pain points of investors
Once upon a time, a good budget was one that did a lot of things. Now, a good budget is one that does as little…
Deductions that must be added in new tax regime to make it attractive in interim Budget 2024: Experts
The government is trying to make the new tax regime (introduced in FY 2020-21) more attractive vis-à-vis the old tax regime. In Budget 2023, standard…