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NPS withdrawal rules relaxed till June 30

NPS withdrawal rules relaxed, avail this way till June 30
In view of the coronavirus epidemic, the government has extended the investment deadline to 30 June in various schemes for the tax claim for the fiscal year 2019-20.  After this provision of the government income taxpayers can invest in National Pension Scheme (NPS), PPF and NSC till June 30 to reduce the tax deduction.  Meanwhile, due to the corona virus, pension fund regulator PFRDA has relaxed rules related to NPS withdrawals (outright and partial).  The relaxation in the rules can be used for one-time withdrawals by June 30, 2020.

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