NPS new rule: With systematic lump sum withdrawal, will returns from NPS be tax-free till age of 75?
After the latest changes, NPS investors will now have the option to withdraw 60% of their retirement corpus either as a lump sum at once or they can get paid in a phased manner through the systematic lump-sum withdrawal facility post-retirement. If you are planning to opt for a systematic lump-sum withdrawal of your NPS corpus at the time of retirement, you must know how it works and will be taxed. Read on to find out.
Ankit Jain Maneesh Bawa Niravr Karkera Puneet Gupta People Advisory Services Annuity Service Providers Asps
Source: indiatimes.com