#NPS

The recently introduced Unified Pension Scheme (UPS) for Central Government employees has opened a flurry of questions on its impact. The back-breaking cost of guaranteed pensions is why the world has seen a movement away from guaranteed pensions. The introduction of UPS bucks this trend. Our analysis suggests that UPS will be a delight for […]

The query has been answered by Anjali Malhotra, Partner- Regulatory, Nangia Andersen India. Individuals residing outside India, such as Non-Resident Indians (NRIs), Persons of Indian Origin (PIO), or Foreign Nationals, have to take into consideration the requirements & conditions laid down by the Reserve Bank of India (RBI) and the Foreign Exchange Management Act (FEMA) […]