In a new development, Finance Minister Nirmala Sitharaman announced the NPS Vatsalya scheme , which extends the NPS benefits to minors, allowing parents and guardians to start investing early for ...

NPS vs NPS Vatsalya: Finance Minister Nirmala Sitharaman opened the National Pension System (NPS) to minors on Wednesday ...

Union Finance Minister of India Nirmala Sitharaman announced a significant tax benefit for parents investing in the National Pension System (NPS) Vatsalya scheme during the Union Budget 2025-26 ...

The latest Union Budget has expanded tax deductions for contributions made to the National Pension System's Vatsalya child ...

More than 100,000 babies have opted for the NPS Vatsalya scheme, which was launched in September last year to allow parents to save for their children by investing in pension accounts, according to a ...

Unveiled by Nirmala Sitharaman, NPS Vatsalya is a groundbreaking pension plan designed for minors. Launched across 75 locations, it has already issued over 250 PRANs, providing a future safety net ...

The NPS Vatsalya is the central government's new pension scheme for children where parents can invest in their child's future financial security, ensuring that their children have a stable and ...

NPS Vatsalya, introduced in September 2024, has been well-received, attracting over 86,000 subscribers. Also read: Unified Pension Scheme roll-out from April 1: How it differs from NPS and old ...

That frees up money for capital expenditure. The recent budget also encourages you to kickstart a pension plan for your child through NPS Vatsalya. The tax deductions are available under the new ...

In a key milestone, private sector NPS subscribers have crossed the one-million mark in the ongoing fiscal year, supported by the onboarding of over one lakh Vatsalya subscribers. Till March 1 ...