Nps

EPF vs NPS: Will Indian employees get a choice soon? | PFRDA's S Ramann answers

PFRDA Chairperson S. Ramann discusses the future of India’s retirement system, and whether employees may soon have the freedom to choose between the EPF and the NPS

Govt expands NPS, UPS options for central employees: LC75 and BLC

New LC75 and BLC schemes offer central government employees flexible equity exposure and greater control over their retirement investments

Max Life Pension Fund withdraws licence: What happens to its NPS customers

Existing NPS accounts moved to UTI Pension Fund; subscribers can switch managers online

NPS: You can choose 100% equity exposure based on risk appetite, timeline

Investors must educate themselves and become more financially savvy to optimise the benefits of greater choice

Zomato, HDFC Pension launch NPS model for delivery partners' benefit

Zomato and HDFC Pension have collaborated to introduce 'NPS Platform Workers Model' for delivery partners of the food delivery platform, in a bid to provide them access to formal retirement benefits. The model was formally launched by Finance Minister Nirmala Sitharaman at an event organised by the Pension Fund Regulatory and Development Authority (PFRDA) on October 1. "More than 30,000 delivery partners onboarded on Zomato have already generated their PRANs (Permanent Retirement Account Numbers) within 72 hours of this integration and the platform is committed to enable over 1 lakh delivery partners with their NPS retirement accounts within 2025," Zomato said in a statement. Zomato operates on a gig-first model, supporting an average of 5,09,000 independent monthly active delivery partners as of Q1 FY26. According to a NITI Aayog report, the number of platform workers in India is estimated to grow to 23.5 million by FY 2029-30. Currently, there exists a gap in terms of awareness a

NPS gets major overhaul: 100% equity option, shorter lock-ins, more choice

The 100 per cent equity option could appeal to younger investors with a long investment horizon who want more growth from equities.

UPS or NPS: Which retirement plan fits your future? Deadline hits tomorrow

As the September 30 deadline approaches, the central government employees must choose between the assured payouts of UPS and the market-driven growth of NPS.

How to use festive bonus to build long-term financial security

The 50:50 split is highly effective for those navigating competing responsibilities: supporting children, managing loans, and caring for elders, while dreaming of vacations and legacy.

Tax clarity for govt staff, DFS releases FAQs on Unified Pension Scheme

The FAQs confirm that the tax incentives applicable to the National Pension System will also extend to UPS, providing certainty to government employees under the new framework

UPS option for govt staff: Offline submission open amid online glitches

Pension regulator urges earlier submissions amid reports of website glitches

Centre extends one-time switch for govt staff to move back to UPS from NPS

Government gives NPS subscribers who joined after April 2025 till Sept 30 to switch to UPS, offering a chance to choose between assured pension and market-linked returns

NPS, UPS, APY charges revised from Oct 1: Here's how much you'll pay now

: PFRDA updates CRA fees for NPS, UPS, APY and NPS-Vatsalya from October 1; Check how PRAN opening and annual maintenance charges will impact your pension savings.

A frozen NPS account can derail your tax break: Here's why it happens

A frozen NPS account blocks contributions and tax perks, but reactivation is simple, here's the step-by-step process to get it back on track

Opted for UPS and thinking of going back to NPS?Here's all you need to know

Employees under UPS now have one-time option to shift back to NPS before retirement; assured payouts end but government adds 4% extra to NPS corpus at exit

Indian pension managers request to relax bond investment guidelines

Retirement fund managers in India have asked the Pension Fund Regulatory and Development Authority to ease the cap on the purchase of corporate bonds with a maturity period of less than three years

Govt extends NPS-like tax benefits to Unified Pension Scheme staff: FinMin

In a bid to promote Unified Pension Scheme, the government has made necessary changes to provide tax benefits to employees opting for UPS at par with those under National Pension System (NPS). The inclusion of UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for central government employees through transparent, flexible and tax-efficient options, the finance ministry said in a statement. "The government has decided that tax benefits as available under NPS would apply mutatis mutandis to UPS as it is an option under NPS," it said. These provisions ensure parity with the existing NPS structure and provide substantial tax relief and incentives to employees opting for the UPS. The finance ministry through a notification dated January 24, 2025 had notified introduction of the UPS as an option under NPS for the recruits to the central government civil service with effect from April 1, 2025, giving one-time option to the .

Young Indians want to retire early; few are financially ready: Survey

They expect monthly pension of more than Rs 1 lakh but only 11% confident their investments will be sufficient, it says

Allow gig workers the option to choose between EPF and NPS schemes

If millions of gig workers are forced into EPF without the option of NPS, complaints about the system's inefficiencies will intensify as its shortcomings inevitably emerge

Extra pension perks? UPS has something for NPS retirees and spouses

Such benefits are over and above the existing NPS entitlements, including annuities

Missed your NPS contribution? Unfreeze your account with these steps

Missed a contribution to your NPS account? Learn how to unfreeze it by making the required payment and get back on track with your retirement savings.