Unified Pension Scheme
Pension scheme in India
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The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing pension schemes, offering a more equitable and efficient approach to retirement benefits.
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From pension bonanza to GST tweaks: 10 changes that kick in todayStarting April 1, 2025, various regulatory and financial changes, including revised income tax slabs, updated UPI regulations, and the introduction of the Unified Pension Scheme, will impact taxpayers,..IndiaTimes - Published |
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