Unlock our pension potential4 min read . Updated: 30 Aug 2009, 09:08 PM IST
Unlock our pension potential
The New Pension System (NPS) had been extended to all citizens from 1 May, yet it is progressing rather slowly. The Pension Fund Regulatory and Development Authority (PFRDA) has argued that one of the major causes for this is the differential tax treatment of NPS. But the regulator itself can do much to promote NPS’ growth even within the available tax dispensation.
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