On August 24, 2024, the Central Government announced a landmark initiative—the Unified Pension Scheme (UPS). This scheme, set to be implemented from April 1, 2025, is expected to bring significant changes to the retirement landscape for approximately 23 lakh Central Government employees. Below, we explore the details of this newly introduced pension scheme, including its … [Read more...] about Understanding the Unified Pension Scheme (UPS): A Comprehensive Guide to Eligibility, Benefits & Returns
national pension scheme
March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
With March 31, 2023, just around the corner, it's time for all taxpayers, including individuals, freelancers, and corporations, to take stock of their finances and plan accordingly. With Income Tax and GST deadlines fast approaching, it's important to stay on top of the latest regulations to avoid any last-minute confusion. Here are the things you need to keep in mind before … [Read more...] about March 31st Deadline Must-Dos: 8 Tasks to Tackle Now
Corporate National Pension Scheme (NPS) – Who Can Join? Tax Benefits, Contribution Rules & Details
National Pension Scheme is a corpus based pension plan for employees. This scheme usually receives contribution from both the employee and the employer to build a corpus. And upon maturity, the corpus will be deposited in an annuity scheme to cover for pension benefits. In today's video I talk about the corporate national pension scheme - its benefits, who can join, what … [Read more...] about Corporate National Pension Scheme (NPS) – Who Can Join? Tax Benefits, Contribution Rules & Details
LIC’s New Pension Plan Vs NPS Vs PPF – A Comparison Of The 3 Schemes | Which Is Best? How To Choose?
LIC has recently launched the New Pension Plan to facilitate a pension scheme for those who join. We already know about the existence of NPS (the National Pension Scheme). And, the most common investment option chosen by the majority is PPF (Public Provident Fund). As we get to hear more and more options, and investment schemes, we are naturally confused. We need to … [Read more...] about LIC’s New Pension Plan Vs NPS Vs PPF – A Comparison Of The 3 Schemes | Which Is Best? How To Choose?
The New Pension Plan By LIC | NPS Alternative? Features, Eligibility, Returns, How To Apply
Planning for your retirement should start as early as possible. When we hear the word retirement plan, we often connect ourselves to "later". But it is actually just the opposite. The earlier, the better. The Life Insurance Corporation of India has launched a new Pension Plus plan recently, aiming to help you build a corpus for your retirement and then invest it in an … [Read more...] about The New Pension Plan By LIC | NPS Alternative? Features, Eligibility, Returns, How To Apply