OPS Return Denied:Finance Ministry Shuts Down Demands (2025)

– Advertisement – The Union Ministry of Finance has officially clarified that there is no proposal under consideration to restore the Old Pension Scheme (OPS) for central government employees. This statement comes despite a surge in demand from employee unions following a lukewarm response to the newly launched Unified Pension Scheme (UPS). Add rightsofemployees.com as […]

New Income Tax Bill: UPS to Get Tax Benefits Like NPS, But No Return of OPS

– Advertisement – New Income Tax Bill: The central government has also included the tax exemptions and essential facilities given in the National Pension Scheme (NPS) in the newly launched Unified Pension Scheme (UPS). There is no proposal under consideration to restore the Old Pension Scheme (OPS) for central employees. The central government has also […]