Tax exemption limit for lump sum NPS withdrawals on exit increased to 60% making entire withdrawal exempt
December 10, 2018
Finance Ministry, National Pension Scheme
Tax exemption limit for lump sum NPS withdrawals on exit increased to 60% making entire withdrawal exempt As per Press Release of Finance Ministry, the Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). 1. Enhancement of the …