Thursday, July 4, 2019

Budget 2019 may implement NPS withdrawal tax-exemption plan


Pension for all and enhancing financial security of the aged has been on top of the government's agenda. Despite being one of the flagship schemes in this direction, the National Pension System (NPS) is still not the first choice for individuals. Statistics show that total subscribers contributing to NPS till May 2019 are just over 55 lakh. Therefore, the government may bring in changes in the coming Budget to remove certain hurdles and make this scheme more attractive. 


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