In a significant move to secure the financial future of children, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, recently launched the NPS Vatsalya Scheme. Announced in the Union Budget 2024-25 on July 23, 2024, this initiative is designed as a pension scheme specifically for minors, ensuring that even young members of the family … Read more
As parents, securing a financially stable future for our children is often one of our top priorities. The NPS Vatsalya scheme, recently launched by the Government of India, provides a promising avenue to achieve this goal. By making an annual investment of just ₹10,000, you can help pave the way for your child to become … Read more
The NPS Vatsalya Scheme is a new initiative by the government aimed at securing the financial future of children aged 0 to 18 years. It allows parents or guardians to open a National Pension System (NPS) account for their minor child, providing a long-term investment option that will benefit the child when they grow up. … Read more
In a landmark move announced in the Union Budget 2024-25, the NPS Vatsalya Pension Scheme has been introduced to help secure the financial future of minors in India. This unique savings-cum-pension scheme is designed exclusively for children and aims to foster a culture of savings from an early age. Let’s take a closer look at … Read more