Exempt New Pension Scheme Also From Tax Regime: PFRDA's Urge

Exempt New Pension Scheme Also From Tax Regime: PFRDA’s Urge The Pension Fund Regulatory and Development Authority (PFRDA) has sought parity in tax treatment for the New Pension Scheme (NPS) for government employees with the Employees Provident Fund, the Public Provident Fund and the General Provident Fund. The disparity Currently, while contributions to and returns and withdrawals under the PPF, the EPF and the GPF are exempt from tax, in the case of the NPS only contributions and returns

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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