ilmscore | Taxation of Tier 1 NPS Account Withdrawal at Retirement Predictions
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Taxation of Tier 1 NPS Account Withdrawal at Retirement

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Upon retirement at age 60, up to 60% of the NPS Tier 1 corpus can be withdrawn tax-free. The remaining 40% must be converted into an annuity, the income from which will be taxable according to the individual's tax slab.
"60% is the maximum amount you can withdraw even when you retire at the age of 60. So, as a simple ex..."
CA Rachana Phadke Ranade CA Rachana Phad...
Jul 2, 2025
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