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Published on: 2025-02-02 02:28:07 Published on: 2025-02-02 02:28:07

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With NPS, retirees can withdraw up to 60% of their accumulated corpus without incurring taxes.

The remaining 40% must be allocated to an annuity, which provides a pension subject to income tax based on applicable slab rates.

The tax implications for lump-sum withdrawals under UPS are not yet clear, but pension income will be taxed according to slab rates.myamcat com in India step by step Part-Time Data Entry Jobs: Flexible Hours

Editor: 【Remote Work】