Govt brings NPS on a par with PF, makes it tax-free2 min read . Updated: 10 Dec 2018, 11:58 PM IST
Cabinet raises govt contribution to the NPS corpus of its employees from 10% to 14%
New Delhi: The government has decided to make the National Pension System (NPS) entirely tax-free and let central government employees choose savings schemes offering equity exposure up to half of their corpus. Central government subscribers of NPS can currently invest only 15% of their corpus in equity, compared to 75% for others.
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