Budget 2024: Will NPS Scheme get a revamp in Interim Budget 2024?

Budget 2024: Will NPS Scheme get a revamp in Interim Budget 2024?

Budget 2024: Will NPS Scheme get a revamp in Interim Budget 2024?

India is expected to consider expanding tax breaks on contributions and withdrawals in the upcoming Interim Budget 2024 in order to make the National Pension Scheme (NPS) more attractive, according to a report.

The government may focus on individuals above the age of 75. This effort is expected to result in reforms, which Finance Minister Nirmala Sitharaman may disclose during her Interim Budget presentation on February 1.Employer contributions to employee corpus building are currently inconsistent. Corporations are exempt from paying taxes on contributions up to 10% of their […]

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