NPS Vatsalya Scheme: New Tax Deductions for Parents Under Section 80CCD

Last updated: 03 February 2025

Deduction under section 80CCD for contributions made to NPS Vatsalya The NPS Vatsalya Scheme, officially launched on 18 September 2024, enables parents and guardians to start a National Pension Scheme (NPS) account for their children. This savings-cumpension scheme is designed exclusively for minor
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