New Delhi, August 11 (H.S.) – The Lok Sabha on Monday passed the revised New Income Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025, marking a significant step toward replacing the existing Income Tax Act, 1961. Finance Minister Nirmala Sitharaman presented the revised version of the bill, which was approved immediately. The bill … Read more
April 1, 2025 | New Delhi — The Government of India has officially launched the Unified Pension Scheme (UPS) for central government employees, offering a fixed, inflation-linked pension starting today. This new retirement scheme is intended as an alternative to the National Pension System (NPS) and is set to benefit nearly 23 lakh government employees … Read more
New Delhi, March 30, 2025 – A major reform is set to reshape the future of retirement for 2.3 million central government employees in India. The Unified Pension Scheme (UPS), launching April 1, 2025, promises a blend of the Old Pension Scheme (OPS) and National Pension System (NPS), ensuring guaranteed pension, family protection, and inflation-linked … Read more
The Government of India has announced the Unified Pension Scheme (UPS), a landmark initiative aimed at providing central government employees with a guaranteed pension of 50% of their last salary. This scheme, introduced in early 2025, is set to come into effect from April 1, 2025, as an alternative to the National Pension Scheme (NPS). … Read more
