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PFRDA seeks tax breaks for employers' NPS flows
Credit: IndiaTimes- Published on January 5, 2024
The pensions regulator has requested increased tax breaks on employer contributions to employees' pensions, aiming to align it with the tax treatment of employer contributions to the provident fund. Currently, the employer's provident fund contribution is deductible up to 12% of the salary, capped at Rs 7.5 lakh, and the interest...
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