ADVERTISEMENT

Transfer Allowed From Employees' Provident Fund To NPS: Pension Regulator

The amount transferred from PF to NPS would not be treated as income of current year, a statement said.
The amount transferred from PF to NPS would not be treated as income of current year, a statement said.
New Delhi: The pension regulator has allowed members of the Employees' Provident Fund (EPF) option to move their retirement savings to the National Pension System (NPS) giving effect to a proposal mooted by the government two years ago in the Union Budget for 2015-16, an official statement said on Tuesday. "With the NPS gaining momentum vis-a-vis other retirement products and a number of queries being raised on the transfer of amoun...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit