If you still think the National Pension System (NPS) is a boring government product meant only for old-school uncles and PSU employees, you’re about to miss the retirement bus. Big time. While everyone is busy debating small savings rates and chasing mutual fund returns, NPS just went through a silent revolution—and almost no one noticed. … Read more
NPS performance: The introduction of the Unified Pension System (UPS) by the Centre has prompted scrutiny and the existence of the National Pension System (NPS), which was established in 2004 as an alternative to the Old Pension Scheme and was later expanded to cover all employees in 2009. Starting from the next financial year (April … Read more
Tax under New Tax Regime: The Centre in its last full Budget, presented on February 1, 2023, introduced a few crucial changes in the taxation system. The primary one was making the New Tax Regime the new default tax system for taxpayers in place of the Old Tax Regime. The Finance Ministry introduced additional tax … Read more