scorecardresearchBudget 2022: NPS exemption raised for state govt staff. An explainer

Budget 2022: NPS exemption raised for state govt staff. An explainer

Updated: 02 Feb 2022, 10:14 AM IST
TL;DR.
Under two different provisions, NPS subscribers can avail a total tax exemption of up to 2 lakh per annum
Finance Minister Nirmala Sitharaman raised the tax exemption limit on employer’s contribution to 14 percent for state government employees. Photo: HT

Finance Minister Nirmala Sitharaman raised the tax exemption limit on employer’s contribution to 14 percent for state government employees. Photo: HT