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NPS TO UPS SWITCH
UPS for Railway employees: Assured pension, VRS and one-time switch to NPS explainedThe Ministry of Railways has announced the Unified Pension Scheme rules for employees covered under the National Pension System. Employees ...
NPS risk labels: Will PFRDA’s new framework help subscribers make better choicesThe unwieldy retirement scheme is becoming more organised through risk-based classification, standardised disclosures, uniform naming conve...
100% equity NPS schemes have attracted younger investors, says Sriram Iyer, MD & CEO, HDFC Pension FundThe multiple-scheme framework introduced last year, the lower mandatory annuitisation requirement, and the growing focus on non-government ...
Will your NPS linked retirement get derailed if you change your job? Here’s what you can do to keep your retirement on trackChanging jobs? Make sure your National Pension System (NPS) account doesn’t get overlooked. Learn how your Permanent Retirement Account Num...
Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
Bitcoin consolidates near $79K ahead of US PCE, GDP Data; whales book record $1.2 billion profit in 3 daysBitcoin traded near $79,000 on Wednesday as traders await key US PCE inflation and GDP data. While the broader trend remains bullish, risin...
Midcap emerges as strong SIP option with 17.59% average 10-year return: WhiteOak CapitalInvesting in midcap SIPs has proven to be beneficial, boasting an impressive average return of 17.59% over the past decade. This investment...
Bank unions threaten nationwide strike on September 11 to press for 5-day banking, other demandsBank unions will strike nationwide on September 11 due to unresolved demands. This action follows a government 'negative attitude' towards ...
From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosi...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
From 1877, officials stocked over 33 million fish in Yosemite for anglers, altering fishless lakes and reducing habitat for native yellow-legged frogsYosemite's lakes, once fishless, received over 33 million stocked fish between 1877 and 1990. Introduced trout preyed on native species and...
Unified Pension Scheme attracted just 4% of NPS subscribers: GovernmentThe Unified Pension Scheme (UPS) has received limited response from central government employees, with only 1.18 lakh workers opting for it...
'No proposal to change or replace Unified Pension Scheme,' says Finance Minister Sitharaman in Lok SabhaFinance Minister Nirmala Sitharaman confirmed no changes are planned for the Unified Pension Scheme. This scheme offers assured monthly pay...
New tax regime: Save up to Rs 65,500 in tax through your employer's NPS contribution; here's how to claim itSection 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for sa...
OPS vs CPS: Andhra Pradesh allows one-time switch to Old Pension Scheme for eligible employees; check who qualifiesAndhra Pradesh offers a one-time option to switch to the Old Pension Scheme. This applies to employees recruited before September 1, 2004, ...
UPS voluntary retirement scheme rules: How your payout will be calculated if you retire after 20 years of service? Know latest rulesThe Department of Pension and Pensioners’ Welfare has announced new rules for the Unified Pension Scheme (UPS) under NPS, focusing on retir...
UPS to NPS switch allowed: Central Govt introduces one-time option for employee to move to NPS from UPS, check the detailsThe Department of Pension and Pensioners’ Welfare has notified in the official Gazette, the Central Civil Services (Implementation of the U...
UPS to NPS Switch Deadline: Finance Ministry says Central govt employees can switch from UPS to NPS by this dateCentral government employees who initially chose the Unified Pension Scheme (UPS) now have a one-time opportunity to switch back to the Nat...
Switch to UPS from NPS: 5 questions government employees must ask before opting for Unified Pension SchemeUnified Pension Scheme: The government has yet to bring the notification regarding the Unified Pension Scheme or UPS. It may seem like swit...