[ad_1] As 2024 comes to a close, it’s the perfect time to assess your financial goals and investments. The National Pension System (NPS) is considered a decent tool for long-term retirement planning, but several myths may still be preventing you from benefiting from it. Here, we address five common misconceptions about NPS to help you […]
How Budget 2024 announcements make NPS more attractive for investors – CNBC TV18
[ad_1] In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced significant enhancements to the National Pension System (NPS), aiming to make it more appealing under the new tax regime. The key proposals include increasing tax deductions for employer contributions and introducing a new scheme called ‘NPS-Vatsalya’ for minors. These initiatives are expected to boost […]
Budget 2024 unveils new NPS Vatsalya scheme: What is it and who can open – CNBC TV18
[ad_1] Budget 2024: Finance Minister Nirmala Sitharaman has unveiled the NPS Vatsalya scheme, a new initiative aimed at facilitating long-term savings for minors. This scheme will allow parents and guardians to invest on behalf of children. Parents can convert the account into a regular National Pension System (NPS) account once the minor reaches adulthood. What […]