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Exemption on partial withdrawal in amount from National Pension System (NPS) Trust in the hands of employees - to the extent it does not exceed twenty-five per cent- Budget 2017-18 w.e.f. AY 2018-19

Dated:- 2-2-2017 - Clause - 006 - Amendment of section 10. THE FINANCE BILL, 2017 Certain incomes not included in total income u/s 10 The existing provisions contained in the said section provide that in computing the total income of a pre .....

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paid to an employee at the time of closure or his opting out of the scheme. It is proposed to insert a new clause (12B) in the said section so as to provide exemption from tax at the time of partial withdrawal by an employee from National .....

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