what will be income tax on switching amount from NPS TIER 2 to NPS TIER 1.
NPS does not issue any capital tax gain statement.
They replied they only issue statement of amount
invested in TIER 1. Some videos on YouTube say it will be tax free
Menu
Tax on nps switching
Replies (2)
Quick Summary
Ejerjdit
Nps is not a capital asset.So on transfer capital gains does not arise.
Recent Topics :
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
Related Topics :
CAclubindia
