The National Pension System (NPS) is a retirement saving scheme established in India under the Pension Fund Regulatory and Development Authority (PFRDA). Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index Fund +38.59% Invest […]
PPF vs NPS: Which retirement scheme is better and for whom – CNBC TV18
The prospect of retirement can be daunting for many employees, but it is important to approach it with a proactive and informed mindset, focusing on financial planning. With correct planning and the right investment, there is nothing to be anxious about. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
National Pension Scheme: How to open an NPS account? How does it work? – CNBC TV18
The central government introduced the National Pension Scheme (NPS) to provide individuals with income in the form of a pension to meet their retirement needs. It was launched under the Pension Fund Regulatory and Development Authority (PFRDA). Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index […]
National Pension Scheme: How it works and the benefits for pensioners – CNBC TV18
The National Pension System (NPS) is a retirement savings scheme launched by the Government of India under the Ministry of Finance. It is managed by the National Pension System Trust, a division of the Pension Fund Regulatory and Development Authority (PFRDA). Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio […]
Retirement Planning: Check key tax benefits under NPS – CNBC TV18
The National Pension System (NPS) is a major voluntary retirement savings scheme in India that allows subscribers to make defined contributions into their accounts to build a retirement corpus with a pension option. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now […]
India defends Unified Pension Scheme as financially prudent, urges states to consider adoption – CNBC TV18
Parama Sen, Additional Secretary in the Department of Expenditure at the Finance Ministry, on Monday (August 26), said the Unified Pension Scheme (UPS) is not a reversal of the Old Pension Scheme (OPS) but rather an enhancement of the National Pension Scheme (NPS) that addresses the aspirations of employees for assured benefits. Sen said that […]
UPS vs NPS vs OPS: Which pension scheme will benefit employees the most – CNBC TV18
The Union Cabinet has recently approved the Unified Pension Scheme (UPS), set to take effect from April 1, 2025. This new scheme aims to provide central government employees with an assured pension after retirement. The introduction of the UPS comes amid ongoing debates over pension schemes, particularly the National Pension Scheme (NPS) and the Old […]
UPS a good attempt to find midway between OPS and NPS keeping fiscal considerations in mind: Experts – CNBC TV18
The Unified Pension Scheme (UPS) cleared by the Union Cabinet may fall short of the benefits under the Old Pension Scheme (OPS) from a government employee’s perspective, but experts laud the Centre’s approach to a restructured National Pension Scheme (NPS) on fiscal grounds and filling some critical gaps vis a vis the NPS. Pensions to […]
Unified Pension Scheme (UPS) vs Old Pension Scheme (OPS) – Main Differences – CNBC TV18
The Indian government’s approval of the Unified Pension Scheme (UPS) has sparked considerable interest, particularly among government employees. While the UPS integrates features from the Old Pension Scheme (OPS), it introduces several key changes that affect employees in both beneficial and challenging ways. While many of the benefits in the new UPS sound similar to […]
Explained — The Unified Pension Scheme (UPS) – CNBC TV18
Amid dissatisfaction among government employees with the National Pension Scheme (NPS) and mounting pressure from several states to revert to the Old Pension Scheme (OPS), the Indian government has finally unveiled the Unified Pension Scheme (UPS). Approved by the Union Cabinet on August 24, 2024, the UPS emerges as a solution to balance the need […]