Subscribers can now withdraw up to 80 percent of the corpus as a lump sum. Of this, 60 per cent will be completely tax-free ...
APW above Rs 8 lakh and up to Rs 12 lakh: Up to Rs 6 lakh can be taken as lump sum, and the remaining amount must be used for ...
The reforms aim to provide subscribers with greater withdrawal flexibility, extended investment tenure, and improved exit ...
Retirement under the National Pension System (NPS) involves more than just amassing a corpus. The challenge lies in the exit strategy: Balancing withdrawals, mandatory annuitisation, and tax ...
In case of premature exit, before the age of 60, 100 percent withdrawal is allowed only if the subscriber has completed at ...
In a major relief for National Pension System (NPS) subscribers, the Pension Fund Regulatory and Development Authority (PFRDA) has eased exit rules, making it simpler and more flexible for investors ...
Retirees face crucial NPS withdrawal choices based on corpus size. SLW offers fixed monthly income, ideal for those needing ...
The National Pension Scheme (NPS), overseen by the PFRDA, allows subscribers to save for retirement with specific withdrawal ...