In most cases, employees are paid a certain amount in lieu of the services provided by him or her to their respective employers, upon retirement. This amount is paid periodically and is referred to as […]
New Pension Scheme (NPS) A provision was made in the year 2003 that the Central Civil Services (Pension) Rules are not applicable to the government personnel/employees hired after December 31, 2003. On introduction of the […]
The National Pension Scheme (NPS) is a new pension scheme launched by the Government of India on 1st January 2004. Initially the pension scheme was launched for the government employees but now NPS is reaching […]
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