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NPS Vatsalya Scheme

Kumari Sonali

NPS Vatsalya Scheme:

The NPS Vatsalya Scheme, announced in the Union Budget 2024-25, will be launched by Finance Minister Smt. Nirmala Sitharaman on September 18, 2024, in New Delhi. This initiative allows parents to invest in pension accounts for their children with flexible contributions starting at Rs. 1,000 annually, offering long-term wealth building through compounding.

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