ilmscore | NPS Tier 1 Withdrawal at Retirement (Taxable Portion) Predictions
NPS

NPS Tier 1 Withdrawal at Retirement (Taxable Portion)

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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.
"Balance 40 basically gets converted into annuity. ... this annuity amount will be taxable. As per yo..."
CA Rachana Phadke Ranade CA Rachana Phad...
Jul 2, 2025
Correct
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