Universal Pension Scheme (UPS)
Employees of state enterprises to get monthly pension under new scheme
The government has introduced a new product under the Universal Pension Scheme (UPS), allowing the existing employees of state enterprises, autonomous bodies and their affiliated organisations to help them avail pension benefits monthly
Automatic inclusion in Universal Pension Scheme for those joining from July 1
All employees who will join self-regulated, autonomous, state-run, statutory organisations or their affiliated companies on July 1 and later will automatically come under the Universal Pension Scheme
NBR offers tax rebate for Universal Pension Scheme
It also gives go-ahead to no tax on claims upon maturity
Employees of state enterprises to get monthly pension under new scheme
The government has introduced a new product under the Universal Pension Scheme (UPS), allowing the existing employees of state enterprises, autonomous bodies and their affiliated organisations to help them avail pension benefits monthly
Automatic inclusion in Universal Pension Scheme for those joining from July 1
All employees who will join self-regulated, autonomous, state-run, statutory organisations or their affiliated companies on July 1 and later will automatically come under the Universal Pension Scheme
NBR offers tax rebate for Universal Pension Scheme
It also gives go-ahead to no tax on claims upon maturity
