Budget 2024: How will the increased NPS tax deduction impact your retirement savings?

Budget 2024: How will the increased NPS tax deduction impact your retirement savings?

Budget 2024 has introduced significant changes to the National Pension System (NPS), aiming to make it more attractive and beneficial for private sector employees. One of the most notable changes is the increase in the tax deduction limit on the employer’s contribution to NPS, which has been raised from 10% to 14% of the basic … Read more