Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

NPS Vatsalya, a market-linked investment for minors, now offers tax benefits post Finance Bill 2025 amendment.

NPS Vatsalya is a pension scheme exclusively designed for minors, enabling parents to invest in their children's future.

“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...

From now on, NPS Vatsalya subscribers will be entitled to identical tax advantages as standard NPS contributors for their ...

To make NPS Vatsalya more attractive, Finance Minister Nirmala Sitharman on Saturday proposed tax exemption for contribution ...

The NPS Vatsalya Scheme, launched on September 18, 2024, allows parents or guardians to open National Pension Scheme (NPS) accounts for minors, ensuring savings and pension benefits until the child ...

Parents or guardians contributing to NPS Vatsalya scheme can avail up to ₹50,000 tax deduction, the Union Budget 2025-26 ...

The National Pension System is a government-run investment scheme designed to provide retirement income to its subscribers.

NPS Vatsalya is a retirement plan for minor children, allowing parents or guardians make investments on their behalf ...

As per the Finance Bill, a deduction would be allowed to the parent/guardian’s total income, of the amount paid or deposited in the account of any minor under the NPS to a maximum of Rs 50,000/- ...

India's Finance Minister announced a tax exemption of up to Rs 50,000 for NPS Vatsalya contributions, boosting the scheme's ...