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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

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

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

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

The NPS Vatsalya Scheme, launched on September 18, 2024, allows parents or guardians to open National Pension Scheme (NPS) accounts for minors, ensuring savings and pension benefits until the child ...

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

The government’s new Unified Pension Scheme (UPS) notification, effective from April 2025, outlines pension benefits for ...

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 ...

Post achieving the age of 60 years; 60 per cent of the corpus withdrawn as a lumpsum or using systematic lumpsum withdrawal ...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

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