NPS: Extending Your Tax-Exempt Limit Beyond 12 Lakhs
NPS: Extending Your Tax-Exempt Limit Beyond INR 12,00,000/-. In Budget 2025, Finance Minister Nirmala Sitharaman announced a no-tax limit for salaried individuals earning up to INR 12,00,000/-. However, by combining the standard deduction with National Pension System investments, this exemption can effectively extend to INR 13,70,000/-. per annum. How Does It Work under the National Pension …