NPS Contributions: Here Are 4 Different Ways To Invest In The Pension Scheme
The National Pension System (NPS) is open to all Indian citizens, except Hindu Undivided Family (HUF), Overseas Citizens of India (OCI), and People of India Origin (PIO).
The National Pension System (NPS) is open to all Indian citizens, except Hindu Undivided Family (HUF), Overseas Citizens of India (OCI), and People of India Origin (PIO).
BBPS is an integrated online platform that connects the utility and payment service providers.
The Unified Pension Scheme (UPS) for central government employees, effective April 1, 2025, provides an assured pension like the Old Pension Scheme (OPS), but how are they different?
In a nuclear society, senior citizens have the greatest financial need after retirement to fulfil family and social responsibilities with self-respect.
In UPS, the government can also change its share by reviewing every three years, but no change will be made in the employees' 10 per cent share.
The Maharashtra State Gazetted Officers Federation (MSGOF) announced an indefinite strike from August 29 over the delay in issuing a notification of the revised NPS rules.
Both PPF and NPS have their merits and drawbacks. So, you will need to do thorough research with regards to your investment goals, time horizon, and risk-taking capacity before zeroing in on one to build your retirement corpus
While both schemes are for children and offer financial security, they differ in their purposes.
Section 80 CCD is related to tax deductions for NPS and APY subscribers.
The old pension scheme may be desirable for one class of people, but it will be a disaster for the rest, so not feasible, says Finance Secretary T.V. Somanathan.
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