NPS exemption hike? Budget 2020 may double the limit on your post retirement savings plan
In addition to reinvigorating investment in NPS by doubling the tax benefit under the scheme, sources said that Budget may also propose bringing all pension related products being offered by insurance firms under the ambit of PFRDA.
Finance Ministry is actively looking at the suggestions to help mobilise larger pension related savings and could announce these as part of budget proposals for 2020-21, Photo: Reuters