NPS Tax Benefits: Corporate sector can also benefit by contributing 10 per cent of Basic+DA of employees in the latter's NPS account can claim deduction under Section 36(1)(iv)(a) of the Income Tax Act, 1961 without any upper
National Pension System for Central Government Employees: All employees joining services of Central Government, including Central Autonomous Bodies (except Armed Forces) on or after 2004, are covered by NPS for their pension
Even as the pension fund industry waits eagerly for any possible changes on tax benefits on pension investment in the Budget proposals, the industry has hailed the existing proposal to provide tax benefit on 40 per cent of wi
Budget 2016: With an aim to increase its customer base, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor urged the government to provide 'Triple E' benefits to the schemes under the Nationa
For those who wish to open a retirement savings account with the National Pension System but don’t know how to go about it, the Pension Fund Regulatory and Development Authority is set to launch an online portal soon.