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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...

NPS: The National Pension Scheme (NPS) is recognised as a premier choice for creating a retirement fund, with one of the highest numbers of subscribers nationwide. The NPS has garnered popularity ...

The introduction of schemes like National Pension System (NPS) and Atal Pension Yojana (APY) has led to significant growth in ...

CHENNAI: The government announced on Tuesday that it has formed a three-member committee to recommend a feasible pension ...

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 ...

WE’RE all counting down the days to when we can finally put our feet up and retire – but how many years of slog do YOU have to go? Because of the way the state pension is calculated, ...

The outstanding liabilities stem from accrued entitlements under the old pension system, which preceded the current ...

Chile's Congress approved a reform to the country's controversial private pension system on Wednesday, clearing the way for ...

Conservative MP Luke Evans (Hinckley and Bosworth) asked Sir Stephen if the UK Government would adopt a policy pushed by the ...

The DWP has confirmed the new April 2025 State Pension rates after MPs voted through the proposals from the autumn budget. New weekly and monthly totals were agreed in parliament after a vote, with a ...

In the Prelims, a direct question was asked about the National Pension System (NPS) in 2017. Similarly, in 2016, a question was asked about the Atal Pension Yojana. With the notification of this new ...