21-August-2026
Markets and Finance
 
NPS Tier I vs Tier II: Key taxation rules and differences you need to know
21-Aug-2026

The National Pension System (NPS), a voluntary retirement savings scheme governed by the Pension Fund Regulatory and Development Authority (PFRDA), enables individuals to build up their tax-efficient retirement corpus through market-linked investments. Investors can open and manage an NPS account using a Tier-1 or Tier-2 account. The Tier-1 account is a mandatory pension account, whereas the other one is a voluntary/optional account with unrestricted withdrawal benefits.

News Source:- https://www.financialexpress.com/money/nps-tier-i-vs-tier-ii-key-taxation-rules-and-differences-you-need-to-know-4321676/?ref=personalfinance_hp
 
 
 

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