PFRDA introduces reforms for NPS withdrawals

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced significant reforms to the National Pension Scheme (NPS) withdrawal process, offering a more appealing investment proposition to subscribers. Tax-efficient staggered withdrawals In a recent announcement, the pension regulator has given the green light for NPS subscribers to withdraw up to 60 per cent of their pension corpus through the systematic lump sum withdrawal (SLW) fa

This article was originally published on November 03, 2023.