Tamil Nadu government forms committee to review pension schemes, sparking debate over potential changes before upcoming elections.
Retirement planning is an important step towards fiscal security, and choosing the right pension scheme plays a significant ...
CHENNAI: The government announced on Tuesday that it has formed a three-member committee to recommend a feasible pension ...
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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.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 ...
This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...
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 ...
Post achieving the age of 60 years; 60 per cent of the corpus withdrawn as a lumpsum or using systematic lumpsum withdrawal ...