Subscribers can now withdraw up to 80 percent of the corpus as a lump sum. Of this, 60 per cent will be completely tax-free ...
APW above Rs 8 lakh and up to Rs 12 lakh: Up to Rs 6 lakh can be taken as lump sum, and the remaining amount must be used for ...
Retirement under the National Pension System (NPS) involves more than just amassing a corpus. The challenge lies in the exit strategy: Balancing withdrawals, mandatory annuitisation, and tax ...
In case of premature exit, before the age of 60, 100 percent withdrawal is allowed only if the subscriber has completed at ...
As India's private sector workforce steps into a new era of financial independence, individuals are urged to take charge of their retirement savings. The National Pension System (NPS) stands out as a ...
The reforms aim to provide subscribers with greater withdrawal flexibility, extended investment tenure, and improved exit ...
The latest NPS rule changes bring more flexibility in withdrawals, extended participation age and improved exit options. Here are 10 key updates every subscriber should know.
The National Pension Scheme (NPS), overseen by the PFRDA, allows subscribers to save for retirement with specific withdrawal ...
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