Tag Archives: Pension Fund Regulatory Development Authority

Is the National Pension System (NPS) the right instrument for tax saving and building a retirement corpus?

National Pension Scheme

NPS allows subscribers to claim additional exemptions of Rs. 50,000, u/s 80CCD (1B) over and above the limit of Rs. 1,50,000, u/s 80C. Further, the lumpsum amount is completely tax free when withdrawn.

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