Last Updated:January 19, 2025, 09:05 IST Both Employees’ Provident Fund (EPF) and the National Pension Scheme (NPS) are intended to give people a monthly pension and a lump sum payment after they retire; however, there is a fundamental distinction between the two. EPF is a guaranteed return plan based on interest rates, whereas NPS is … Read more
Curated By: Business Desk Last Updated: October 22, 2024, 18:26 IST All facilities will be the same as those given to the employees after regular retirement. The DoP&PW, under the Minister of Personnel, has shared that all employees joining NPS under the rules of Central Civil Services 2021 will be given this facility. The National … Read more
The new pension scheme announced by the government on Saturday could substantially impact the National Pension System (NPS) if most central government employees shift to the Unified Pension Scheme (UPS) as expected. However, this may not be the case if the NPS is mandated to manage the individual pension fund, one of the two funds … Read more
NPS Vatsalya is a specialised variant of the National Pension System (NPS) tailored for minor children. NPS Vatsalya: Parents or legal guardians can open and contribute to this account until the child attains the age of 18. NPS Vatsalya is a specialised variant of the National Pension System (NPS) tailored for minor children. Parents or … Read more
According to experts, consider using both PPF and NPS for a balanced portfolio with security, tax benefits, and growth potential. Though there are various financial instruments available in the market, two government-backed schemes are the most prominent — PPF and NPS; here’s a detailed comparison of both schemes for you Retirement is closer than you … Read more
Grand Prismatic Spring, Yellowstone National Park on Aug. 8, 2020. Darwin Fan | Moment | Getty Images Visitors to national parks will get free admission on April 20 as the federal government waives entrance fees to commemorate the start of National Park Week. National Park Week runs for nine days, from April 20 to April … Read more
Under the new security mechanism, NPS subscribers can only access their accounts after providing Aadhaar-based identification and entering the OTP issued to their registered mobile number. As per the PFRDA, the Aadhaar-based login authentication would be merged with the current user ID and password-based login process to make the CRA system available through two-factor authentication … Read more
Assam Chief Minister Himanta Biswa Sarma on Monday asserted that the government would go bankrupt, and the economy will be in shambles if the New Pension Scheme (NPS) is replaced by the Old Pension Scheme (OPS) in the state. The issue of OPS was raised in the state assembly. Sarma said, “There are around 4 … Read more
New Delhi: India has shared with the US data on its social security schemes such as EPFO, NPS and ESIC, as it seeks a totalisation agreement with Washington. New Delhi, will this week, push for a totalisation pact to do away with dual social security taxation for its workers, with USTR Katherine Tai under the … Read more
Grand Canyon National Park Jacobs Stock Photography | Photodisc | Getty Images The National Park Service is offering free admission to U.S. national parks on six days in 2024. There are more than 400 national parks in the U.S. Most of them offer free entrance all the time. However, 109 parks don’t — including some … Read more
