New Pension Scheme
Pension calculator: 5 key differences between UPS vs OPS — Check here
The five key differences between the Unified Pension Scheme (UPS) and the Old Pension Scheme (OPS) are - Differences in pension calculation, employee contribution to UPS, tax benefits, higher minimum pension in UPS and lumpsum payments.
3 min read25 Aug 2024NBFC 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 2023Implementation 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 2023This 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 2023Select 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