O. Panneerselvam on Thursday dubbed the constitution of a three-member panel by the Tamil Nadu government to study three pension schemes as an “act of deceiving” government employees.
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Finance Minister Nirmala Sitharaman expanded tax exemptions for NPS Vatsalya, including Sections 80CCD(1B), 12(B), and 80CCD(3). This exemption is above the normal Rs 1.5 lakh under Section 80C.