đź’¨ Abstract
The National Pension Scheme (NPS) is a government-sponsored initiative for retirement security. Regulated by PFRDA, it offers Tier-1 and Tier-2 accounts, available to Indian citizens between 18-70 years, including NRIs. Contributions to Tier-1 are tax-deductible up to Rs.1.5 lakhs under Section 80C and an additional Rs.50,000
Courtesy: theprint.in
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