More than 1.22 lakh Central government employees have chosen to move to the Unified Pension Scheme (UPS) since its introduction,…
Browsing: National Pension Scheme
In response to the state government employees’ demand for the old pension scheme or OPS to be reinstated, the Maharashtra…
To show their anguish towards the scrapping of the National Pension Scheme (NPS), the Karnataka Government employees under the NPS…
The state government employees in Assam demonstrated in protest against the New Pension Scheme (NPS) via a non-cooperation movement, which…
As per the Union Budget 2022, employees of state governments will enjoy tax benefit of 14% on the National Pension…
Pension Fund Regulatory and Development Authority (PFRDA) proposes that the employers’ contribution of 14 per cent under the National Pension…
Investment in the Tier II account of the National Pension System (NPS) will now be eligible for tax deduction under…
The National Pension Scheme was earlier meant for government employees joining service with effect from January, 2004. Later, however, it…
The Central Government announced a hike for its employees, who have been in service since January, 2004, under the National…
Earlier NPS subscribers were permitted to withdraw up to twenty-five per cent of their contributions, only after ten years from the date of their joining the system
NPS is a voluntary, defined contribution retirement savings scheme for Indian employees during their working life.
GOI has proposed to bring EPF at par with NPS, which has a tax rebate on 40 per cent of the corpus while the remaining 60 per cent is taxable.