Nps withdrawal on superannuation

60%  is totally tax free wef 1.04.2020. Whereas as of now till 31.03.2020 only 40% withdrawal is Tax free, balance 20% is taxable. My question was can I withdraw 40% now and balance 20% after 1.04.2020.

Thanks for the quick response. Kindly refer the extract of the Finance Bill 2019 passed by Parliament. I am quoting the relevant extract. Please clarify with respect to this amendment.

"

Further, clause (12A) of the said section provides that any payment from the National Pension System Trust to an employee on closure of his account or on his opting out of the pension scheme referred to in section 80CCD, to the extent it does not exceed forty per cent. of the total amount payable to him at the time of such closure or his opting out of the scheme, shall be exempt from tax.

It is proposed to amend the said section so as to increase the said tax exempt amount from forty per cent. to sixty per cent.

These amendments will take effect from 1st April, 2020 and will, accordingly, apply in relation to the assessment year 2020- 2021 and subsequent assessment years. "