To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax benefits to it. This move addresses tax treatment concerns, potentially increasing UPS adoption among central government employees. The deadline to switch from NPS to UPS has been extended to September 30, 2025, allowing more time for assessment. To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax benefits to it. This move addresses tax treatment concerns, potentially increasing UPS adoption among central government employees. The deadline to switch from NPS to UPS has been extended to September 30, 2025, allowing more time for assessment.
Trending
- After US arrest, terrorist Passia may soon be sent to India
- ‘Evil personified’: Melinda French Gates’ old interview on Epstein viral as DOJ, FBI close case
- ‘Bail rule, jail exception’ principle forgotten in recent past, says CJI Gavai
- Delhi HC nixes Celebi’s plea against Centre’s curbs
- Drug regulator issues list of 17 drugs which should be flushed down if unused or expired
- Bar council not an employer, no need for POSH panel: HC
- Opposition united in SC on SIR: ‘Will snatch votes of lakhs’
- Munir denies Indian claim of Chinese assistance in recent conflict, Beijing downplays issue
NPS vs UPS: Big move for govt employees! NPS tax benefits now under UPS
By
Add A Comment