Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and ...
“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...
As per the NPS rules, any Indian citizen between the ages of 18 years and 60 years can invest in the scheme. The person will require complying with know-your-customer (KYC) norms to start the ...
A key fact is that only 2.2 million individuals have enrolled for the scheme despite it existing for nearly a decade ...
NPS Vatsalya scheme was introduced during last year’s Budget. During Budget 2025, Finance Minister gave clarity on NPS Vatsalya Scheme Tax Benefits. Refer to my earlier posts on Budget 2025 – Budget ...
The NPS Vatsalya Scheme, launched on September 18, 2024, allows parents or guardians to open National Pension Scheme (NPS) accounts for minors, ensuring savings and pension benefits until the child ...
To make NPS Vatsalya more attractive, Finance Minister Nirmala Sitharman on Saturday proposed tax exemption for contribution up to Rs 50,000 per year under the scheme. Under the NPS Vatsalya scheme, ...
Learn how salaried individuals with annual income up to ₹13.7 lakhs can make their income tax-free using NPS & standard ...
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...
The central government introduced the National Pension Scheme (NPS) to provide individuals with income in the form of a pension to meet their retirement needs. It was launched under the Pension Fund ...