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The Latest Breaking News from NPS

Govt extends additional investment choices under NPS to autonomous bodies

The government has extended additional National Pension System investment choices. These options are now available to employees of central autonomous bodies. Aggressive Life Cycle Fund LC-75-High offers up to seventy-five percent equity exposure. Balanced Life Cycle Fund provides a fifty percent equity cap. This move enhances subscriber flexibility and pension…

The Economic Times

Overcrowded and underfunded: Trump’s cuts to national parks threaten the US’s ‘best idea’

This summer, Yosemite national park has been rife with traffic jams and throngs of visitors. Can these popular national treasures withstand a future of strained resources?

The Guardian - US

Trump Scores Court Win to Keep Slavery and Climate Change Exhibits Out of US National Parks

A federal appeals court has paused a ruling requiring the National Park Service to reinstall exhibits on slavery and climate change, handing the Trump administration a temporary victory.

International Business Times UK

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Trump administration can remove history and climate info from US parks, court says

In latest legal twist, appeals panel rules US does not have to reinstate signage on climate, immigration and slavery

The Guardian - US

‘A sanitized view of America’: inside Trump’s campaign to erase US history from national parks

Critics say the Trump administration is trying to rewrite and whitewash history by removing and altering scores of signs on public lands

The Guardian - US

"Kids, if Your Parents Are MAGA, They Love Child Rapists" Sign Protected by First Amendment

From Judge Randolph Moss (D.D.C.) Monday in Accountability Now USA v. Griess, decided Monday (correctly, I think): Plaintiff Accountability Now… The post "Kids, if Your Parents Are MAGA, They Love Child Rapists" Sign Protected by First Amendment appeared first on Reason.com.

Reason

Rs 15,000 monthly investment for 20 years: NPS or mutual funds? Know which may leave you with a bigger retirement corpus

Retirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentially higher returns, NPS boasts significant tax advantages and low costs. Read the article to know how a monthly investment of Rs 15,000, which goes up by 5% every year, can grow…

The Economic Times

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Device installed to help keep Trump’s Reflecting Pool clear of algae was never used on a pool: report

‘Ozone nanobubbler’ intended to break up aquatic plant infestations is relatively new technology that has only previously been trialed in public waterways, according to a report

The Independent UK

Trump’s unsupported claims about Reflecting Pool vandalism

by Kate Yandell ANALYSIS — President Donald Trump has repeatedly blamed vandals for damaging the new blue lining of the Lincoln Memorial Reflecting Pool, which is now peeling, as well as for algae in the water. But the administration has not provided evidence to back up the president’s claims. Experts…

Roll Call

Trump news at a glance: US asylum policy slated to change after supreme court ruling

Supreme court ruling will allow Trump administration to block asylum seekers at the US-Mexico border – key US politics stories from Thursday 25 June

The Guardian - US

Reflecting pool was cut with ‘sharp knife or razor’, National Park Service says

Senior official alleges in court filing that damage included about ‘70 fence post tops thrown’ into the pool

The Guardian - US

Man dies after plunging nearly 600ft from Yosemite waterfall

Another visitor died at Nevada Fall in 2018 when they slipped and fell while trying to take a selfie

The Independent UK

Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?

Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS). This decision extends the benefit previously granted to regular appointees who applied before the January 1, 2004, cutoff. The move follows inter-ministerial consultations and addresses demands from employee unions,…

The Economic Times

Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefits

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, including exemptions on gratuity, commuted pension and leave encashment, as well as deductions for employer contributions to NPS, potentially leading to incorrect tax computation and compliance issues.

The Economic Times

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The Independent UK

Extreme heat expected again at the Grand Canyon after 3 hikers die in heat-related incidents

Visitors to Grand Canyon National Park are being warned about extreme heat early next week

The Economic Times

PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providers

The Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo audits. This directive, effective from April 1, 2026, to March 31, 2027, ensures compliance with NPS rules, KYC norms, and proper handling of subscriber funds.

The Economic Times

New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26

Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contributions to NPS and EPF, a standard deduction of Rs 75,000, and interest on home loans for let-out properties. Exempt perquisites and certain official allowances also offer tax benefits.

The Economic Times

Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?

ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF, my EPF account has been inactive. The corpus is about Rs 32 lakh, and I’m considering withdrawing and reinvesting it. Will the withdrawal be…

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International Business Times UK

Building Trump's 250-Foot Arch Next to Arlington National Cemetery Would Mean 20-Hour Construction Days for Three Years

Federal planning documents detail the construction of Trump's proposed 250-foot Independence Arch near Arlington, revealing extensive plans, legal challenges, and unresolved funding issues.

International Business Times UK

Trump's DOJ Defence of a UFC Fight on the White House Lawn Is That the Lawsuit 'Arrived Too Late' To Matter

The DOJ argues against a lawsuit aiming to block a UFC event on the White House lawn, citing planning costs and athlete health risks as reasons for dismissal.

The Guardian - US

‘This is it’: mauled US hiker recalls moment grizzly locked eyes with him

Daniel Crago says he feels ‘extremely lucky’ after encounter with bear at Glacier national park last month

Reason

Even If Trump's Ballroom Project Is Illegal, a DOJ Lawyer Says, the Courts Cannot Stop It

The D.C. Circuit is reviewing an injunction issued by a judge who said "no statute comes close to giving the President the authority he claims to have."

The Economic Times

Now easier to enrol for NPS: Pension body launches StAR NPS for online onboarding

The Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE Technologies, allows Points of Presence to onboard National Pension System subscribers digitally. The process includes electronic data collection and KYC verification. Subscribers can make their first contribution through the…

The Economic Times

Can a ₹1 crore NPS corpus generate more than ₹1 lakh per month? What the new RIS framework offers

Retirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retirement Income Scheme (RIS) allows keeping savings invested post-retirement, generating regular income through Systematic Payout Rate (SPR) or Systematic Unit Redemption (SUR) options. This approach balances market exposure with…

Reason

Court Issues Temporary Restraining Order Protecting Group Flying "8647" Flag

The flag, in context, likely doesn't fit within the First Amendment exception for true threats of illegal conduct or incitement of illegal conduct. [UPDATE: I had originally called this a preliminary injunction, but it is technically a temporary restraining order.]

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