Pension Scheme News
Government extends one-time option for central government employees to switch to UPS from NPS
Govt extends one-time option to central government employees who have opted for the National Pension System, to migrate to the Unified Pension Scheme (UPS).
1 min read16 Sep 2025Income Tax Bill 2025: From UPS benefits to commuted pension rules — top 5 things every pensioner must know
The revised Income Tax Bill, 2025, passed by the Lok Sabha, seeks to modernise tax laws and offers various benefits for pensioners. It now awaits Rajya Sabha approval and Presidential assent.
1 min read12 Aug 2025BJP accuses AAP of ₹200 Cr scam in women's pension scheme, ‘welfare under attack,' responds Arvind Kejriwal's party
The BJP claims a ₹200 crore scam in women's pensions under AAP's governance and demands an investigation. AAP retaliates, accusing the BJP of undermining welfare schemes.
2 min read8 Jul 2025Centre notifies Unified Pension Scheme for government employees; check effective date, eligibility and other details
The Centre has decided to introduce the Unified Pension Scheme as an option for government employees, effective from April 1, 2025. Here is all you need to know about the new scheme.
2 min read25 Jan 2025The National Pension System was tweaked for flexibility but awaits tax clarity
This funded pension scheme now offers access to low-cost fund management with the option of staggered withdrawals of what was once a lump-sum. This change is welcome. Its age bars should go and taxation should be kept benign.
3 min read7 Jan 2025Mint Quick Edit | So, will UPS sign up private sector folks too?
The Unified Pension Scheme has clearly pleased central government employees with its largesse. If its budgetary burden in the future is projected to be as low as claimed, should it not be open to everyone?
1 min read2 Sep 2024Pension 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 2024Employee Provident Fund (EPF): New EPFO rules effective from today that you should know
EPFO's new rules enable the automatic transfer of old PF balance to the new employer, eliminating manual requests
2 min read3 Apr 2024Retirement planning: This Life Insurance policy will help you retire early
LIC's Jeevan Dhara policy caters to early retirement goals with financial security, flexible options, and tax benefits
2 min read1 Mar 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 2023Popular Topics
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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