Change of preference in NPS
Dhruval Bhuptani (38 Points)
30 June 2022
If I change my investment preference in NPS then will the said amount be taxable?
6 Replies
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 01 July 2022
do you mean you want to change the asset allocation or fund manager?
then the answer is NO.
Please elaborate your question?
Dhruval Bhuptani
(38 Points)
Replied 01 July 2022
I mean to say that I have my fund in a segment and I want to transfer my portfolio to another segment like say from debt to equity. So then will the amount so transferred be taxable?
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 01 July 2022
No it should not be taxable.
Which type of account you are maintaining in NPS ie Tier 1 or Tier 2.
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