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Thursday, April 26, 2012

NPS - Attractive after April 2012

The New Pension Scheme(NPS) has become even more attractive after 1st April, as 10 per cent of your basic annual salary that goes into the NPS can be deducted from your taxable income.

This deduction comes over and above the 80C benefit that you already get. This is a significant benefit added to the NPS, which makes it even more advantageous.

Readers who read this also read:


1. New Pension scheme - A Retirement Option

2. Retirement Planning