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Chhattisgarh govt to allow staff to pick between pension schemes
Chhattisgarh on Friday said that it will give its employees the option of choosing between the new pension scheme and the more generous old pension scheme.

Is reversing reforms to grab power the way forward for India?
The move to shift from a defined benefit pension scheme or Old Pension System to defined contribution pension scheme or New Pension Scheme was in order to contain the rising and unsustainable pension bill with around 4 per cent of Union Budget already going towards pensionary benefits.

How to deposit money in your National Pension Scheme account via UPI?
At present, contributions to the pension scheme account were available using net banking. With the introduction of UPI method, the contributions have become easy and flexible.

Explained: Old vs new pension schemes and why government staff are protesting
The old pension scheme was done away with by the Bharatiya Janata Party (BJP)-led government during Atal Bihari Vajpayee's regime in December 2003. The national pension scheme (NPS) took effect from April 1, 2004.

Published on Mar 06, 2022 08:26 PM IST
Written by Sharangee Dutta | Edited by Chandrashekar Srinivasan, New Delhi
Budget 2022: Govt proposals on income tax, corporate tax, NPS, digital assets
Union budget 2022-23: The central government has proposed a new provision for permitting taxpayers to file an updated return on payment of additional tax.
