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Government makes NPS withdrawal 100% tax exempt

TNN / Dec 11, 2018, 09.45 AM IST

The government has made the National Pension System (NPS) more attractive for investors, with the biggest bonanza going to 18 lakh central government employees. The Centre will contribute 14% of basic salary to their pension corpus, up from 10%. The employee’s contribution will remain at 10%, bringing the total contribution to 24%.

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