tax relaxation on NPS | Zee News

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Newstax relaxation on NPS

Tax relaxation on NPS News

03 Feb 2017

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.

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