Income Tax : Learn about tax benefits under Section 80CCD for NPS Vatsalya contributions. Includes details on deductions, withdrawals, and rela...
Finance : Summary: The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early sa...
Corporate Law : NPS Vatsalya Scheme offers long-term financial planning for children. Parents can invest in a pension fund until the child turns 1...
Corporate Law : NPS Vatsalya Scheme, launched on 18th September 2024, is a contributory pension plan aimed at fostering a fully pensioned society....
Finance : NPS Vatsalya Scheme launched to promote financial planning for minors, with measures for nationwide outreach and inter-generationa...
Corporate Law : NPS Vatsalya launched to provide a pension scheme for children, promoting early savings for financial security and encouraging lon...
Corporate Law : Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18, 2024, to promote early financial planning...
NPS Vatsalya Scheme, launched on 18th September 2024, is a contributory pension plan aimed at fostering a fully pensioned society. It enables parents or guardians to save for their minor dependents with a minimum annual contribution of ₹1,000 and no upper limit. Upon reaching adulthood, the minor’s account transitions seamlessly into a regular NPS account. […]
Learn about tax benefits under Section 80CCD for NPS Vatsalya contributions. Includes details on deductions, withdrawals, and related income tax amendments.
NPS Vatsalya Scheme launched to promote financial planning for minors, with measures for nationwide outreach and inter-generational financial security.
Summary: The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early savings habits and long-term financial security for minors. Announced in the Union Budget 2024-25, this scheme is managed by the Pension Fund Regulatory Authority of India (PFRDA). Under the scheme, parents can contribute a minimum of ₹1,000 […]
NPS Vatsalya Scheme offers long-term financial planning for children. Parents can invest in a pension fund until the child turns 18, with a minimum contribution of ₹1,000.
NPS Vatsalya launched to provide a pension scheme for children, promoting early savings for financial security and encouraging long-term investment habits.
Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18, 2024, to promote early financial planning for children.
