If you still think that the National Pension System (NPS) is a boring government product meant only for old-fashioned uncles and PSU employees, then you are about to miss the pension bus. Big time. While everyone is busy debating low savings rates and chasing mutual fund returns, the NPS has just gone through a quiet […]
In an important step aimed at strengthening the Unified Pension Scheme (UPS), the Ministry of Finance has extensive income tax benefits that are currently available under the National Pension System (NPS) for the newly introduced UPS. A release from the government said: “In an attempt to give the UPS further tension to the UPS, the […]