The Unified Pension Scheme (UPS) introduced increases government contributions to 18.5% from 14%, potentially causing a fiscal rise by about ₹40,000-45,000 crore in FY25. Assured pensions will be drawn from two funds, slightly impacting long-term government finances. Economists emphasize incorporating these commitments into future fiscal strategies. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
