News > Investing in NPS? Know your limits

Investing in NPS? Know your limits

10/06/2024 11:12 AM | Click to read full article

NPS is eligible under the Exempt Exempt Exempt (EEE) category along with PF and PPF. This means your returns in the Tier 1 NPS account will be tax-exempt during the life of the investment and at the time of maturity. You can get an additional benefit of up to 50,000 under Section 80CCD (1B) for your investment in the Tier 1 account. NPS locks your investment till age 60, although premature withdrawal is possible with some restrictions.

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