Follow Us on Google News New Delhi, July 4 (IANS) The Finance Ministry announced on Friday that the tax benefits available under the National Pension Scheme (NPS) will apply mutatis mutandis to the Unified Pension Scheme (UPS), as it is an option under the former. The measure aims to provide further impetus to the UPS. … Read more
Follow Us on Google News New Delhi, May 30 (IANS) The Central government NPS subscribers who retired on or before March 31, 2025, with a minimum 10 years of qualifying service, or their legally wedded spouse, can now claim additional benefits under the Unified Pension Scheme (UPS), over and above the NPS benefits already claimed, … Read more
Follow Us on Google News New Delhi, April 23 (IANS) The National Pension System (NPS) has achieved significant growth of private sector subscriber enrolment of over 12 lakh during 2024-25, taking total subscriber number to over 165 lakh by March 2025, according to the government. NPS Vatsalya , a scheme specifically designed for minors, introduced … Read more
Follow Us on Google News New Delhi, April 5 (IANS) The National Pension System (NPS) has emerged as a cornerstone of India’s pension sector with an accumulated corpus of Rs 14.4 lakh crore and 8.4 crore subscribers under NPS and the Atal Pension Yojana (APY), according to PFRDA chairman Deepak Mohanty. Speaking at the first … Read more
Mumbai, Feb 22 (IANS) India’s pension assets under management (AUM) is expected to reach a massive Rs 118 lakh crore by 2030, with the National Pension System (NPS) likely to constitute approximately 25 per cent of this total, according to a new report. The NPS private sector AUM has experienced substantial annual growth, increasing by … Read more
