Budget 2024: Why additional deduction for NPS should be increased
Monday, 15 January 2024
The Interim Budget 2024 should make the NPS more attractive by raising the deduction limit to Rs 1 lakh from the present Rs 50,000. This adjustment would incentivise subscribers to save more for retirement, contributing to India's transformation into a pensioned society.
The Interim Budget 2024 should make the NPS more attractive by raising the deduction limit to Rs 1 lakh from the present Rs 50,000. This adjustment would incentivise subscribers to save more for retirement, contributing to India's transformation into a pensioned society.
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