Budget 2024: Modi government to make NPS more attractive? Tax concessions at par with EPFO being considered

Budget 2024: The government is considering offering tax concessions on contributions and withdrawals for the National Pension System (NPS), particularly for senior citizens above 75 years. The Pension Fund Regulatory and Development Authority (PFRDA) has requested equal treatment with the Employees' Provident Fund Office (EPFO) regarding tax exemptions for employer contributions.

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