India's National Pension System is a voluntary, long-term investment plan for retirement, regulated by the Pension Fund ...

The National Pension System (NPS) offers tax benefits under both the Old and New Tax Regimes, but with differing advantages, ...

Indian citizens aged between 18 and 70 years of age. After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

Finance Minister Nirmala Sitharaman’s eighth Union Budget 2025 focused on easing some financial worries of senior citizens.

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 UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...

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

The Union finance ministry has notified the Unified Pension Scheme (UPS) operationalization as an option under the National ...

The Centre has announced the Unified Pension Scheme (UPS) under the National Pension System (NPS), effective April 1, 2025.

Post achieving the age of 60 years; 60 per cent of the corpus withdrawn as a lumpsum or using systematic lumpsum withdrawal ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...