For investors who primarily invested in Section 80C instruments to avail tax benefits, the shift to the new tax regime ...
1,50,000 under section 80C. Employer isEligible for tax deduction on the amount contributed as employer's contribution towards the NPS account of employees, up to 10% of the salary (Basic + DA) of ...
To maintain the smooth functioning of your NPS account, it is important to keep ... Income Tax Department Expands e-Pay Tax ...
New guideline has been introduced to speed up the pension processing process and to ensure that retired employees receive ...
This follows an earlier directive issued on Dec. 18, 2023, which sought to align pension processing under NPS with the OPS framework to ensure timely disbursal. Despite earlier instructions, ...
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 ...
The 2025 National Pension System (NPS) withdrawal rules differ based on whether you are investing in the Government NPS, Corporate Model, or All Citizens Model. Axis Nifty 50 Index Fund +32.80% Invest ...
Although clear instructions were given earlier, the CPAO found that some Pay and Accounts Offices (PAOs ... These steps are aimed at ensuring that NPS retirees get their pension on time and ...
The Permanent Retirement Account Number (PRAN) is a unique identifier assigned to individuals participating in the National Pension System (NPS) in India. Keeping contact details, including the ...
The National Pension System (NPS) is a long-term savings option for individuals to plan their retirement ... provides retirement benefits to any Indian citizen aged between 18 and 70 years. The scheme ...