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 After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...

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

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 ...

Tamil Nadu government forms committee to review pension schemes, sparking debate over potential changes before upcoming elections.

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

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

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

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

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