The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...

The Indian government has notified the Unified Pension Scheme (UPS), promising an assured pension of 50 per cent of the ...

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

Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to ...

India's National Pension System is a voluntary, long-term investment plan for retirement, regulated by the Pension Fund ...

Post achieving the age of 60 years; 60 per cent of the corpus withdrawn as a lumpsum or using systematic lumpsum withdrawal ...

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...

The Centre has announced the Unified Pension Scheme (UPS) under the National Pension System (NPS), effective April 1, 2025.

The Unified Pension Scheme (UPS), notified by the Finance Ministry, assures a 50% pension of the last 12 months' average ...