Union Budget 2024: Govt introduces pension scheme for minor children. Know what is NPS Vatsalya
Union Budget 2024: Govt introduces pension scheme for minor childre…
Jul 23, 2024
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New investment scheme for children announced in budgetNPS-Vatsalya Scheme: Introduced in Budget 2024, this scheme allows parents and guardians to contribute to NPS accounts on behalf of minors, promoting early financial planning and investment habits.The NPS Vatsalya scheme will be a variant of the existing NPS, tailored explicitly for young individuals. This scheme allows parents to open accounts for their children and contribute towards their retirement savings.The NPS Vatsalya Scheme will pro
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