UPS

Unified Pension Scheme (UPS) Gets Same Tax Benefits as NPS

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Unified Pension Scheme (UPS) Gets Same Tax Benefits as NPS

The Finance Ministry announced today, July 4, 2025, that the Unified Pension Scheme (UPS) will now enjoy the exact same tax benefits as the National Pension System (NPS). This move ensures fairness and provides significant tax relief and incentives for those choosing the UPS. Understanding the Tax Perks The decision means employees opting for UPS … Read more

Gratuity Secured: Central Govt. Employees Switching to UPS Retain Benefits

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Gratuity Secured: Central Govt. Employees Switching to UPS Retain Benefits

Gratuity Confirmed for Employees Switching from NPS to UPS Great news for Central Government employees! The Department of Pension and Pensioners’ Welfare (DoPPW) has officially clarified that retirement gratuity and death gratuity benefits will continue for those who switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS). This clarification, issued in … Read more