A one-time transfer of your EPF savings to an NPS Tier 1 account is exempt from taxes under Section 10(12), as it is not considered a contribution to NPS for that particular year. To initiate the ...

NPS Vatsalya is a savings-cum-pension scheme regulated by the Pension Fund Regulatory Authority of India (PFRDA).

The remaining 60% of your corpus can be withdrawn tax-free as a lump sum. NPS has two types of accounts: Tier 1 and Tier 2.

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 ...

NPS Vatsalya, a market-linked investment for minors, now offers tax benefits post Finance Bill 2025 amendment.

If you don't make the minimum annual contribution in an National Pension System (NPS) account, your account becomes frozen. This limits your ability to make future contributions or manage your ...

MUMBAI: Finance Minister Nirmala Sitharaman has announced that NPS Vatsalya subscribers will receive the same tax benefits ...

NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock ... Where as investments in tier 2 is more like Savings account where you can withdraw money whenever you want.

You can open two types of NPS accounts: Tier I and Tier II ... on up to Rs 2 lakh per annum investment under Section 80C (Rs 1.5 lakh) and subsection 80CCD (1B) (additional Rs 50,000).

NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...

Indian citizens aged between 18 and 70 years of age. After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

A one-time transfer of your EPF savings to an NPS Tier 1 account is exempt from taxes under Section 10(12), as it is not considered a contribution to NPS for that particular year. To initiate the ...