Tag Archives: Tax-exemption to NPS withdrawal

Tax-exemption to partial withdrawal from National Pension System w.e.f AY 2018-19

By | February 3, 2017

Tax-exemption to partial withdrawal from National Pension System (NPS) The existing provision of section 10(12A) provides that payment from National Pension System (NPS) trust to an employee on closer of his account or opting out shall be exempt up to 40% of total amount payable to him. In order to provide further relief to an… Read More »