ilmscore | Prediction Details
"Balance 40 basically gets converted into annuity. ... this annuity amount will be taxable. As per your tax slabs what weight entire 40% is not tax at one shot. It's annuity, right? So that 40% remaining sum amount will be paid every single year and that is the reason why it is called as annuity. Correct? Every year some amount you will receive out of that balance 40% and this amount that you receive every year that will be taxed as per your tax slab simple."
By CA Rachana Phadke Ranade | July 2, 2025 | Correct
From video
NPS vs MF vs PPF vs EPF | Which is Better? | CA Rachana Ranade 00:22:52 - 00:23:24
Interpreted Prediction
The remaining 40% of an NPS Tier 1 corpus at retirement is converted into an annuity, and the annual payouts from this annuity are taxable according to the individual's tax slab.
AI Evaluation Notes
The prediction that the annual payouts from the annuity (converted from 40% of the NPS Tier 1 corpus at retirement) are taxable according to the individual's tax slab is accurate. This is consistent with the current tax rules regarding NPS annuity payouts.

Prediction Details

Topic
NPS Tier 1 Withdrawal at Retirement (Taxable Portion)

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