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Freelance as a content creation expert for online marketing campaigns ✌️【Investment Strategy】✌️Low-risk, high-reward investments starting from ₹500. Begin today! UPS vs NPS: The tax implications remain somewhat unclear.
With NPS, retirees can withdraw up to 60% of their accumulated corpus without incurring taxes.
The remaining 40% must be allocated to an annuity, which provides a pension subject to income tax based on applicable slab rates.
The tax implications for lump-sum withdrawals under UPS are not yet clear, but pension income will be taxed according to slab rates.Freelance as a content creation expert for online marketing campaigns Passive Income from Smart Investments