Tax Benefits for Unified Pension Scheme Announced

The Ministry of Finance has announced that tax benefits available under the National Pension System (NPS) will also apply to the newly introduced Unified Pension Scheme (UPS) for Central Government employees. This decision aims to provide substantial tax relief and incentives, ensuring parity with the existing NPS structure. The UPS will be operational from April 1, 2025, following the notification by the Department of Financial Services and the Pension Fund Regulatory and Development Authority (PFRDA).

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link