The HR Department at your company is gearing up to send out emails requesting that you submit proofs for your Income Tax Declaration with the new year approaching.

Senior citizens hold a special place in Indian society, and it is crucial to ensure they have a reliable income during their retirement years.

The government has launched the ‘Pradhan Mantri Vaya Vandana Yojana (PMVVY)’ to provide social security to senior citizens aged 60 and above.

The Employee Pension Scheme (EPS), launched by the Employees Provident Fund Organisation (EPFO) in 1995, is designed to ensure financial security for salaried employees during retirement by providing a steady income stream.