The Budget 2024 has increased the tax deduction limit on employer NPS contributions from 10% to 14%, aligning private sector employees with government counterparts, and introduced the NPS Vatsalya scheme for saving for children's retirement.
Budget 2024: How will the increased NPS tax deduction impact your retirement savings?
livemint.com - 6 Aug 2024 12:14
The Budget 2024 has increased the tax deduction limit on employer NPS contributions from 10% to 14%, aligning private sector employees with government counterparts, and introduced the NPS Vatsalya scheme for saving for children's retirement.
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