National Pension System (NPS) is a defined contribution pension system. NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal ...

The subscriber will have to buy annuity plan from the chosen ASP, and atleast 40 per cent of the corpus will be invested in the scheme. The National Pension System (NPS) is a retirement savings ...

This article introduces a Central Government scheme, the NPS Vatsalya Yojana, designed to help your child become a crorepati. Learn how this scheme works and how it can benefit your child's future.

The new NPS representative body will promote the pension scheme as a retirement product, ensure transparency and collaborate with policymakers. Section 80 CCD(1B) offers an additional deduction of ...

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

Two popular options available for parents in India are the NPS Vatsalya Scheme and the Sukanya Samriddhi Yojana (SSY). Both schemes are designed to provide financial security for children ...

Mumbai: The systematic withdrawal scheme introduced under the National Pension Scheme (NPS) provides retirees with a facility to deploy their retirement corpus and have their funds managed in a ...

The just-announced Unified Pension Scheme for central government employees will be available only for those who are currently subscribers of the New Pension Scheme (NPS), including retirees.