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Newspoint on MSNNPS New Rule: Will the National Pension System Now Function Like the Old Pension Scheme ...The Central Pension Accounting Office (CPAO) has issued new directives instructing officials to process pension cases under ...
CPAO has issued fresh guidelines instructing officials to process NPS pension cases like OPS to prevent delays, ensuring ...
Open to Indian citizens aged 18 to 70, NPS offers two types of accounts—Tier 1 and Tier 2—both with tax benefits under Section 80CCD(1) of the Income Tax Act. To maintain the smooth ...
Lumpum withdrawal of up to 60% of the accumulated pension when an individual reaches the age of 60 is tax-free. At the time ...
It includes basic pay, bonuses and allowances ... Even after leaving a job, your NPS account remains active. You can also convert your corporate NPS account to the all-citizen model—allowing ...
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