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Will tax be added on withdrawal of money from tier 2


16-Jan-2023 (In Tax Law)
Sir/Madam Please let me know if I withdraw money from my NPS Tier 2 account, then will it be added to my income?
Answers (1)

Answer #1
831 votes
Withdrawls of money from NPS Tier 2 account is not taxable, so can not be added in your income. The investment under this account is taxable but yearly earnings are tax free. so you can withdraw the amount without any problem

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