New Pension Scheme News

Money

NBFC extends national pension scheme services for NRIs, domestic customers. 5 key points.

By extending its NPS offering to its customers, Muthoot plans to provide its customers with an additional avenue for long-term retirement planning as well as benefit them with a tax concession of up to ₹50,000 under subsection 80 CCD (1B).

1 min read9 Mar 2023
News

Implementation of Old Pension Scheme OPS to be detrimental for larger public: Ex-RBI governor D Subbarao

Former RBI Governor D Subbarao said the decision to restart OPS will be decidedly a ‘regressive move’ and will provide more privilege to government servants at the cost of the larger public

1 min read4 Mar 2023
News

This Congress-ruled state to implement ’Old Pension Scheme’ for govt employees

Himachal Pradesh has also kept the provision of the New Pension Scheme (NPS) active. The state cabinet has asked the employees to give their consent to the government if they want to be governed under the new rule of pension

2 min read4 Mar 2023
News

Select central govt staff get a one-time option to opt for Old Pension Scheme

Old Pension Scheme: The select group of government servants can opt for this option by August 31, 2023

2 min read4 Mar 2023

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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