NPS Vatsalya Scheme Gets Tax Benefits Under Budget 2025-26: What It Means for Taxpayers

NPS Vatsalya Scheme Gets Tax Benefits Under Budget 2025-26: What It Means for Taxpayers

In a significant move under the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced tax benefits for contributions made to the NPS Vatsalya scheme, aligning its tax treatment with that of the regular National Pension System (NPS). This decision is expected to enhance the appeal of the scheme and encourage more parents to invest in…