Govt plan to tweak NPS likely in interim Budget
Financial Express Mumbai|December 13, 2023
Unveiling of the revised structure being deferred to July
PRASANTA SAHU
Govt plan to tweak NPS likely in interim Budget

its plan to improve pension benefits for its staff within the overall framework of the National Pension System (NPS) in the interim Budget on February 1.

The plan, according to sources, may include a guarantee component that is carefully designed, not to cause any unsustainable fiscal burden.

The government had set up a panel headed by finance secretary TV Somanathan in March this year to suggest ways to increase pension benefits under NPS for the government staff without reverting to the fiscally disastrous old pension system (OPS).

Since the Committee was formed in the Budget session, the finance minister may refer to the status of its work in the February Budget speech.

Since it will be an interim Budget, the government will likely make the necessary changes in NPS in the regular Budget in July.

この記事は Financial Express Mumbai の December 13, 2023 版に掲載されています。

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この記事は Financial Express Mumbai の December 13, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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