After giving a nod to the Unified Pension Scheme (UPS) in August last year, the Finance Ministry on late night Friday notified the new scheme as an option under the National Pension System (NPS) for ...

Summary: The Unified Pension Scheme (UPS), National Pension System (NPS), and Old Pension Scheme (OPS) are India’s three major pension schemes, each offering unique features. The UPS, effective from ...

The NPS, originally known as the New Pension Scheme, did not offer an assured pension to government employees who joined service on, or after January 1, 2004, and had replaced an older arrangement ...

The scheme will come into effect from April 1, 2025. Launched in August, UPS strikes a balance between the Old Pension Scheme (OPS) and the National Pension Scheme (NPS), offering government employees ...

Jessica Bowron, a National Park Service veteran who has been serving as the agency's comptroller, has been named acting director of the agency. "I am honored to exercise the delegated authority of the ...

Years ago, the Canadian collector Bruce Bailey gave artist Curtis Talwst Santiago useful advice: “Be patient,” he said. At the time, Santiago was working on miniatures, making diminutive yet ...

According to experts, this makes it even more imperative that the new tax regime permit the tax benefit for NPS contributions up to Rs 50,000 under section 80CCD (1B). They say that it is hoped the ...

NPS Calculator: With retirement, your regular income from employment comes to an end, and if you don’t have any other source of income during your later years, you might find yourself in ...

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Therefore, self-employed taxpayers can avail a maximum tax benefit of Rs 2 lakh for investing in NPS. If you are opting for the old tax regime, you can claim the deductions under Section 80CCD (1), ...