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Sunday, September 1, 2024
TopicNational Pension Scheme

Topic: National Pension Scheme

NPS for Private Sector Employees: Retirement Planning Options

The NPS is an ideal retirement planning option for investors, as professional fund managers manage the scheme at very low charges. Moreover, it offers significant tax benefits under different sections of the Income Tax Act.

States going back to Old Pension Scheme will hurt India. Here’s what 8th Pay Commission can do

The first payment need not be 50 per cent of the last wage, but could potentially be linked to the proposed indexation of the pensions in payment.

Pension payments for over 2,000 dead people — CAG report flags lapses in govt welfare schemes

In 122-pg report tabled in Rajya Sabha, Comptroller and Auditor General showed other gaps in disbursal & recommended 'specific measures for cleaning/weeding out ineligible beneficiaries'.

Pension or tension scheme? Restoration of OPS will lead to fiscal instability

State govts must examine current and projected revenue receipts before burdening future generations with commitments that will eat up resources.

Giving up on NPS a tragedy for state govts. DB pensions are ad hoc, delay fiscal stress

Several of the problems of the National Pensions Scheme can be easily remedied. The solution to fiscal stress isn't going back two decades ago.

On Camera

Poverty analysis should go beyond income level—Amartya Sen at Nobel Prize lecture

On 8 December 1998, Amartya Sen delivered his Nobel Prize lecture at Trinity College, Cambridge, where he discussed the challenges and foundational problems faced by social choice theory as a discipline.

Discarded privatisation plans? Number of operating public sector companies rises by 20 since 2014

While CPSE closures have tripled, new companies are coming up too. With profits & dividends being balanced by low disinvestment proceeds, question is whether govt’s strategic shift is working.

Security beefed up in Jammu region ahead of polls but attacks since 2021 point to pattern

Since 2021, security forces have lost over 52 personnel to firefights with terrorists in Jammu region. Analysis shows terrorists have managed to operate and move with ease.

PM Modi wants US to protect Hindus in Bangladesh. Hasina’s debacle must not be India’s

Bangladesh has dumped Sheikh Hasina. Are we dumping Bangladesh in turn? We can’t choose our neighbours. But you know what, we can choose to be the kind of neighbour we want to be.