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Major NPS rule change: 80% withdrawal from retirement corpus allowed at exit, 100% in some cases
New rules allow non-government National Pension System subscribers greater flexibility. Up to 80% of retirement funds can now ...
In a gazetted notification, PFRDA has also rationalised the permitted purposes for partial withdrawal from the National ...
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Unified Pension Scheme (UPS) to provide additional benefits to subscribers who retired under the National Pension ...
The Central Government has launched the Unified Pension Scheme (UPS) effective from 1st April 2025, targeting Central Government employees who were part of the National Pension System (NPS). This move ...
It is not mandatory for central government employees under NPS to choose UPS. Also, only those employees who have completed 10 years of service are eligible for a switch.
Union Budget 2025: In her budget speech for 2025, Finance Minister Nirmala Sitharaman announced that NPS Vatsalya subscribers will now receive the same tax benefits as regular NPS subscribers for ...
The Finance Ministry on Friday announced that all tax benefits available under the National Pension Scheme (NPS) will also apply mutatis mutandis to the Unified Pension Scheme (UPS), as the latter is ...
The Finance Ministry has clarified that the tax benefits available under the National Pension System (NPS) will also apply to the Unified Pension Scheme (UPS). However, necessary rules will be changed ...
EPF offers fixed, government-backed returns mainly for salaried employees, ensuring safety and stable post-retirement income. NPS is open to everyone, provides market-linked returns, and offers ...
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