Budget 2017: Know the tax relaxation under NPS
Finance Bill, 2017 has proposed to amend the Act to provide exemption from tax at the time of partial withdrawal by an employee from National Pension System Trust in accordance with conditions specified under Pension Fund Regulatory and Development Authority Act, 2013 and regulations made there under, to the extent it does not exceed twenty five percent of the contributions made by him.
Feb 03, 2017, 20:34 PM IST