NPS tax benefits

NPS fund performance: Here’s a snapshot of pension funds’ returns in Tier 1 under NPS

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NPS fund performance: Here’s a snapshot of pension funds’ returns in Tier 1 under NPS

NPS performance: The introduction of the Unified Pension System (UPS) by the Centre has prompted scrutiny and the existence of the National Pension System (NPS), which was established in 2004 as an alternative to the Old Pension Scheme and was later expanded to cover all employees in 2009. Starting from the next financial year (April … Read more

NPS tax benefits: How you can claim tax deductions for NPS under old, new income tax regimes

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NPS tax benefits: How you can claim tax deductions for NPS under old, new income tax regimes

Tax under New Tax Regime: The Centre in its last full Budget, presented on February 1, 2023, introduced a few crucial changes in the taxation system. The primary one was making the New Tax Regime the new default tax system for taxpayers in place of the Old Tax Regime. The Finance Ministry introduced additional tax … Read more