How to link your NPS account with Aadhaar? Here’s a step-by-step guide

February 20, 2021

National Pension System or NPS, a government-run investment scheme, gives the subscriber the option to set the preferred allocation to different asset classes. It was originally launched for government employees in 2004 and extended to the general public in 2009. NPS offers two kinds of accounts — Tier 1 and Tier 2 — for instruments including government bonds, equity market, and corporate debt. While the Tier 1 NPS account is strictly a pension…

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Leave Travel Concession vs LTC Cash Voucher Scheme: Which is more beneficial?

February 20, 2021

To help the employees, who were unable to travel due to the Covid-19 pandemic, claim the Leave Travel Concession (LTC) and to boost the demand, that got crippled due to the nationwide lockdown, the government has launched the LTC Cash Voucher Scheme. Under the LTC Scheme, employees are allowed to purchase goods and avail services that attract GST (Goods and Services Tax) rate of 12 per cent or more in…

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