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Tuesday, November 5, 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

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.