NEW PENSION SCHEME ‘VATSALYA’ ANNOUNCED FOR MINORS; CONTRIBUTION BY PARENTS AND GUARDIANS

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....EW PENSION SCHEME ‘VATSALYA’ ANNOUNCED FOR MINORS; CONTRIBUTION BY PARENTS AND GUARDIANS <br>Budget<br>Dated:- 23-7-2024<br><BR>NEW PENSION SCHEME 'VATSALYA' ANNOUNCED FOR MINORS; CONTRIBUTION BY ....

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....PARENTS AND GUARDIANS CONSIDERABLE PROGRESS MADE BY COMMITTEE TO REVIEW NPS: FM A new pension scheme named 'Vatsalya' has been proposed for minors by Union Minister for Finance & Corporate Affairs ....

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....Smt. Nirmala Sitharaman in the Union Budget 2024-25 tabled in Parliament today. A contributory pension scheme, this will have contribution by parents and guardians. On attaining the age of majority,....

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.... the plan can be converted seamlessly into a normal NPS account. The Union Minister also announced that the Committee to review the NPS has made considerable progress in its work. She expressed sati....

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....sfaction that the Staff Side of the National Council of the Joint Consultative Machinery for Central Government Employees have taken a constructive approach. "A solution will be evolved which addresse....

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....s the relevant issues while maintaining fiscal prudence to protect the common citizens", the Minister further informed.<BR> News - Press release - PIB....