Union Finance Minister Nirmala Sitharaman has launched the NPS Vatsalya scheme, allowing parents to open pension accounts for their minor children. The scheme, announced in the 2024-25 Union Budget, ...

NPS Vatsalya Overview: NPS Vatsalya was formally launched on September 18 for subscribers. Like regular NPS, the new scheme is also a contributory pension plan regulated by the Pension Fund Regulatory ...

PFRDA mandates NPS applicants' specific consent and declaration for account opening.CRAs and PoPs are directed need to update ...

Federal Bank has announced the launch of NPS Vatsalya, a pension scheme focused on minors and designed for parents aiming to secure their children’s future, the bank said in a release on September 26.

The National Pension System (NPS) is accessible to all Indian citizens. The NRIs can also invest in NPS through a non-resident ordinary (NRO) account. The NPS scheme is managed by the Pension Fund ...