NPS Vatsalya is a special savings plan for kids in India that helps them prepare for retirement. It's managed by PFRDA ((Pension Fund Regulatory and Development Authority), a government agency, and ...

To help parents build a disciplined saving habit, the Indian government introduced the NPS Vatsalya scheme, which now offers tax benefits under the Income-Tax Act, 1961. Launched last year ...

NPS Vatsalya 2025: During her Budget speech, Finance Minister Nirmala Sitharaman revealed that subscribers of the pension scheme NPS Vatsalya will now enjoy equivalent tax benefits as regular NPS ...

Launched on September 18, 2024, NPS Vatsalya was aimed at being an extension of the existing NPS system. While NPS catered predominantly to the employed section of the society, NPS Vatsalya ...

Two popular options available for parents in India are the NPS Vatsalya Scheme and the Sukanya Samriddhi Yojana (SSY). Both schemes are designed to provide financial security for children ...

MUMBAI: Finance Minister Nirmala Sitharaman has announced that NPS Vatsalya subscribers will receive the same tax benefits under Section 80CCD(1B) as regular NPS subscribers for their contribution ...

To make NPS Vatsalya more attractive, Finance Minister Nirmala Sitharman on Saturday proposed tax exemption for contribution up to Rs 50,000 per year under the scheme. Under the NPS Vatsalya scheme, ...

Image Source : PIXABAY Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. NPS Vatsalya scheme: Finance Minister Nirmala Sitharman on Saturday proposed tax exemption ...

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 ...

Union Budget 2025: In her budget speech for 2025, Finance Minister Nirmala Sitharaman announced that NPS Vatsalya subscribers will now receive the same tax benefits as regular NPS subscribers for ...