tax exemption

7th Pay Commission : In December, as an early New Year bonanza to government employees, the Modi government had decided to tweak the New Pension Scheme (NPS) - also known as National Pension Scheme - to not only hike up the Centre's…

NEW DELHI: The government has made the NPS more tax friendly by offering complete tax exemption to the 60% of the corpus that an investor can withdraw on maturity. When they retire, NPS investors have to use 40% of the corpus to buy an…