Scrapping of NPS

Scrapping of New Pension Scheme Representations have been received regarding the implementation of National Pension System (NPS) which, inter alia, include demand that NPS may be scrapped and the Government may re-introduce old defined benefit pension system. Government has made a conscious move to shift from the defined benefit pay-as-you-go pension scheme to defined … [Read more...] about Scrapping of New Pension Scheme