NPS
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India News
Unified Pension Scheme Introduced for Central Government Employees
In a significant development ahead of assembly elections in one state and a Union Territory, the Indian government has announced the Unified Pension Scheme (UPS), addressing ongoing discontent with the New Pension Scheme (NPS). Union Minister Ashwini Vaishnaw revealed that the new scheme, set to benefit approximately 23 lakh central government employees, will be implemented from April 1, 2025. The…
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Money
Money Matters: Want to Invest Money, but Unsure Where to Begin
Q: Priya is a 28-year-old software engineer living in Bangalore. She wants to start investing her money but is unsure where to begin. She wants to know what are the best investment options for someone in her age group and income bracket (50,000 INR per month). She also wants to understand the risks and returns associated with different investment options.…
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