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EEE Status for NPS
The union cabinet has cleared five changes to the national pension scheme (NPS). The most important of which is that the NPS now has EEE status and the corpus that you can withdraw is tax-free. The National Pension System will become an attractive proposition for retail investors now that the government has decided to give exempt-exempt-exempt (EEE) tax status for this pension product.
An EEE status would mean tax exemption at the stage of contribution, accumulation and withdrawal. Currently, both PPF and EPF enjoy EEE tax status.
New NPS rules