The big NPS decision is not just how much you withdraw, but what kind of monthly income you are locking in for years.
Section 80CCD allows taxpayers to claim deductions on amounts they contribute to government-backed pension schemes such as ...
Contributions to the government-approved pension schemes such as the National Pension System (NPS), the Unified Pension ...
Recent reforms have addressed long-standing concerns around lock-ins, annuitization and equity exposure, strengthening the ...
NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax law still exempts ...
Recent changes to the National Pension System have made the product more flexible, allowing higher lump-sum withdrawals and ...
The Pension Fund Regulatory and Development Authority (PFRDA) has mandated One-Time Password (OTP) and e-Sign for ...
There are mix of choice and compulsion that creates confusion, but once you understand the cut-offs and order of rules, the ...
PFRDA approves major NPS reforms, allowing Scheduled Commercial Banks to sponsor Pension Funds and appoints Dinesh Kumar ...
Planning for retirement might not be a priority when you're 25, but starting early can significantly reduce the financial pressure later in life. One of the most effective tools for long-term ...
NPS Vatsalya Scheme: Union Finance Minister Nirmala Sitharaman on September 19 launched the National Pension System Vatsalya (NPS Vatsalya) scheme, ‘a pension scheme for minors’. The NPS Vatsalya was ...
Budget 2024: NPS-Vatsalya is a plan for contribution by parents and guardians for minors will be started. On attaining the age of majority, the plan can be converted seamlessly into a normal NPS ...
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