NPS Partial Withdrawals: Is It Possible To Draw Part Money Before Retiring? Check Conditions, Tax Benefits

Saturday, 10 August 2024
The Indian government introduced the National Pension System (NPS), a pension cum investment plan to give people security for their old age. The Pension Fund Regulatory and Development Authority (PFRDA) oversees the scheme. After turning sixty years old, the NPS members start receiving their pension. Nevertheless, before turning 60 or upon attaining superannuation, some members desire to withdraw their accumulated wealth in NPS. Let's go into more detail on early pension withdrawal and the requirements.

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NPS Partial Withdrawals: Is It Possible To Draw Part Money Before Retiring? Check Conditions, Tax Benefits

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