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BENEFIT FOR NPS SUBSCRIBERS - DIRECT TAXES
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.... opting out shall be exempt up to 40% of total amount payable to him. In order to provide further relief to an employee subscriber of NPS, it is proposed to amend the section 10 so as to provide exemption to partial withdrawal not exceeding 25% of the contribution made by an employee in accordance with the terms and conditions specified under Pension Fund Regulatory and Development Authority Act,....