The National Pension System (NPS) is set for major reforms from October 1, 2025. Investors may see new options and more ...
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NPS to UPS: Key switch rules, tax benefits and relaxations explained ahead of Sept 30 deadline
On September 2, the government allowed employees who opt for UPS to make a one-time switch back to NPS at a later stage.
Recently, on April 1, 2025, the government introduced the UPS. UPS is an optional scheme under NPS that provides employees with a fixed pension. UPS aims to further strengthen the financial security ...
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NPS vs OPS: 'States going back to the Old Pension Scheme are...", says Montek Singh Ahluwalia
Montek Singh Ahluwalia, the former Deputy Chairman of the Planning Commission, has said that selecting the Old Pension Scheme instead of the New Pension Scheme is a bad idea. He noted that the New ...
An overview of the NPS Tier I/II accounts, fund choices, eligibility, and withdrawal rules. Covers the 40% mandatory annuity purchase and 60% tax-free ...
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Reintroduction of OPS will be win-win for both employees, government: Staff associations
Asserting that both the NPS and recently-launched Unified Pension Scheme (UPS) are not beneficial for government staff, an association of Central Secretariat Service (CSS) officers on Thursday ...
The government has decided to extend a one-time option to central government employees who joined services between April 1, 2025, and August 31, 2025, and have opted for the National Pension System, ...
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