THE UNION BUD­GET DE­CI­SION ON

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE -

The bud­get pro­posed that 40% of an in­di­vid­ual’s’s ac­cu­mu­lated cor­pus in the em­ploy­ees’ prov­i­dent fund (EPF) and the Na­tional Pen­sion Sys­tem (NPS)) schemes would not be taxed at the time of with­drawal

This ef­fec­tively meant that the re­main­ing 60%% of the cor­pus was tax­able.

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