NPS Vatsalya scheme

Budget 2025: Key personal finance tax changes that will affect taxpayers | Mint

TheSpuzz Desk2 weeks ago2 weeks ago04 mins

Source: Live Mint The recently announced budget introduced significant personal finance changes impacting taxpayers and investors. One of the key updates involved Unit Linked Insurance Plans (ULIPs). It has been clarified by the Finance Ministry that if the annual premium exceeds ₹2.5 lakhs the redemption becomes subject to capital gains tax. ULIPs that are held for…

NPS Vatsalya launched for kids: Know investment amount, eligibility, & more

TheSpuzz Desk5 months ago09 mins

Source: Business Standard Union Finance Minister Nirmala Sitharaman officially launched the NPS Vatsalya scheme on Tuesday. Managed by the Pension Fund Regulatory and Development Authority (PFRDA), the scheme is designed to secure long-term wealth for children. The launch took place simultaneously across 75 locations in India, with other locations joining via video conference….