The National Pension System (NPS) is a government-backed, voluntary retirement savings scheme launched by the Government of India to provide old-age financial security to its citizens. It encourages systematic savings during working years and ensures a steady income post-retirement. Originally introduced for government employees in 2004, it was later expanded in 2009 to cover all…
In the ever-evolving landscape of financial security, the Atal Pension Yojana (APY) stands out as a beacon of hope for millions of Indians. Launched by the Government of India in May 2015, this scheme is designed to provide a steady income to individuals during their retirement years, ensuring a dignified and financially stable life post-retirement.…