Tag: NPS Vatsalya

Parents can now use the NPS Vatsalya scheme, a pension scheme designed for minors, to secure the future of their children(Representational Image/Pixabay)
Posted in Business

NPS Vatsalya: How your child can get more than ₹10 crore for retirement if you contribute…

Parents can now use the NPS Vatsalya scheme, a pension scheme designed for minors, announced in the Union Budget 2024 by Finance Minister Nirmala Sitharama,…

Continue Reading
Union finance minister Nirmala Sitharaman with a child during the launch of NPS Vatsalya Scheme, in New Delhi, Wednesday (PTI)
Posted in Business

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…

Continue Reading
India stands out globally, will continue to grow at fast pace: FM Sitharaman
Posted in Economy

India stands out globally, will continue to grow at fast pace: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said India is standing out globally in terms of economic growth and will continue to do so in the…

Continue Reading
NPS Vatsalya is a plan for minors where contribution can be made by parents and guardians. The scheme will be converted to regular NPS once the child attains the age of 18. (PTI)
Posted in Business

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…

Continue Reading