EXEMPTING NPS WITHDRAWAL FROM TAX
Recently PFRDA made proposal to Finance Ministry to exempt NPS withdrawal from tax. If NPS withdrawals are exempted from tax then the scheme has the potential to become the cynosure of voluntary investors. 7th Pay Commission headed by A K Mathur has also recommended giving EEE (Exempt - Exempt - Exempt) status to NPS and bringing it at par with EPF.
Read more at: http://goo.gl/fiMBju
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