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The Latest Breaking News from NPS

New tax regime: Save up to Rs 65,500 in tax through your employer's NPS contribution; here's how to claim it

Section 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for salaried individuals. Private sector employees switching to the new regime find this deduction particularly attractive. Employer contributions lower taxable income and build retirement savings simultaneously.

The Economic Times

Is your employer delaying deposit into your NPS? Know how it can impact you

Government departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS contributions will incur interest charges for employees. This interest will match the Public Provident Fund rate applicable at that time. Officials causing administrative delays face liability for pecuniary losses to the government. Departments must report actions…

The Economic Times

‘A first step to fascism’: critics denounce Trump administration replacing slavery exhibit at George Washington’s home

Replacement of panels with version that’s sympathetic to enslavers comes amid effort by Trump to dismantle diversity initiatives

The Guardian - US

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Lincoln Documents Allegedly Exposed to 80-Degree Heat Inside Flawed National Mall Exhibit

Rare copies of the Emancipation Proclamation and 13th Amendment, signed by Lincoln, face alleged preservation issues at a new exhibit, raising concerns about document safety and exhibit management.

International Business Times UK

OPS vs CPS: Andhra Pradesh allows one-time switch to Old Pension Scheme for eligible employees; check who qualifies

Andhra Pradesh offers a one-time option to switch to the Old Pension Scheme. This applies to employees recruited before September 1, 2004, who joined later. They must meet specific conditions to avail this benefit. This decision aligns with a similar move by the central government in March 2023. Employees not…

The Economic Times

PFRDA introduces NPS PRIDE-Disha: Subscribers can track SIP returns, 5,000 days of NAV data and more

The PFRDA has launched NPS PRIDE-Disha, a new digital toolkit for subscribers. This tool allows comparisons of historical pension fund performance using SIP returns. It utilizes nearly 5,000 days of historical NAV data for analysis. Subscribers can now evaluate investment choices across asset classes effectively. The platform aids in making…

The Economic Times

Meet Carol Ruckdeschel: 84-year-old 'wildest woman in America' who has been living on an island for the 53 years in order to preserve nature for the future

Carol Ruckdeschel has lived on Cumberland Island for 53 years, preserving its natural state. She meticulously documents the island's diverse flora and fauna in her field journals. Her dedication led to legislative changes protecting sea turtles from shrimping trawlers. Ruckdeschel sustains herself by living off the land and off the…

The Times of India

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The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)

As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deduction under Section 80CCD(2) unless the employer's NPS contribution is first included in salary. This article explains why the ITR utility is designed to work this way…

The Economic Times

Bull bison tosses Yellowstone tourist 8ft in air, with run-in caught on video

Man reportedly seriously injured by the bison, described as ‘agitated’ and ‘charging anything’ by photographer

The Guardian - US

‘We know the truth’: Philadelphians fight Trump’s erasure of history

Over the last six months, activists have ensured the US doesn’t forget enslavement in the nation’s first capital

The Guardian - US

India's private credit industry can become $100 billion by 2050: NPS Trust chief Dinesh Kumar Khara

India's private credit sector could reach USD 100 billion by 2050. This expansion is driven by a maturing ecosystem and growing domestic capital pools. Family offices and UHNIs are increasingly seeking alternative asset classes. Regulators are adopting a calibrated approach to market evolution and reforms.

The Economic Times

Pension body’s big move for NPS: PFRDA sets up panel to attract global pension funds; how NPS subscribers can benefit

PFRDA has formed a committee to attract global pension capital into India. This committee, named ASCEND, will create a roadmap for collaborations. Indian pension funds will partner with global funds through co-investment platforms. This initiative aims to finance infrastructure and support economic development. NPS subscribers will benefit from diversification and…

The Economic Times

Old Pension Scheme option extended to these government employees: Will others also get it?

The Council of Scientific & Industrial Research endorsed the Centre's decision on pension options. This move allows compassionate appointees to opt for the Old Pension Scheme. These individuals applied for jobs before January 1, 2004, but joined later. A key letter from the Department of Personnel facilitated this change for…

The Economic Times

NPS latest update: Central Autonomous Body employees can now choose 2 additional NPS investment options

Central government employees now have two new investment choices. These options were previously available only to central government employees. Now, National Pension System subscribers in Central Autonomous Bodies can also access them.

The Economic Times

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The Economic Times

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 Guardian - US

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?

International Business Times UK

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.

The Guardian - US

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

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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

Reason

"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.

The Economic Times

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 Independent UK

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

Roll Call

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…

The Guardian - US

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

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