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You can now switch from EPF to NPS and it's not taxable: Here's how

Pension Fund Regulatory and Development Authority has issued broad guidelines

BS Web Team  |  New Delhi 

India's pensions regulator in India has allowed members of the Employees' Provident Fund (EPF) option to move their retirement savings to the National Pension System (NPS) giving effect to a proposal mooted by the government two years ago in the Union Budget for 2015-16, an offcial statement said on Tuesday. "With the NPS gaining momentum vis-a-vis other retirement products and a number of queries being raised on the transfer of amounts from recognised Provident/Superannuation Funds to NPS, Pension Fund Regulatory and Development Authority (PFRDA) has clarified the ...

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First Published: Wed, March 08 2017. 08:36 IST
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