T V Somanathan appointed Cabinet Secretary of India for two-year term
The Union Cabinet has appointed T V Somanathan as the new Cabinet Secretary of India, with his tenure set to begin on August 30.
T V Somanathan
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Centre’s Budget 2024 set to boost National Pension System’s attractiveness
One key recommendation to augment NPS attractiveness is the proposal to make the annuity portion of the NPS tax-free for individuals aged 75 and above. This move aims to incentivize senior citizens to opt for the NPS by offering them a tax advantage on annuities.