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Tax benefit available under National Pension System (NPS) Railway Employees

Admin April 16, 2016

Tax benefit available under National Pension System (NPS)

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No.2012/F(E)III/1(1)/4

Dated 07.04.2016

The GMs/FA&CAOs,
All India Railways/Production Units/RDSO
(As per mailing list)

Subject: 

A copy of Pension Fund Regulatory & Development Authority (PFRDA)’s letter No.PFRDA/23/CORP/20/5 dated 25.02.2016 on the above subject is enclosed for information and compliance. The contents of the letter regarding opening of e-NPS account shall apply mutatis mutandis on the Railways also.

2. Please acknowlege receipt.

(Sanjay Prashar)
Deputy Director Finance, (Estt.)III
Railway Board.

Download Signed Copy

Filed Under: National Pension Scheme, Railway News

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  1. jugal kishor sharma says

    June 7, 2016 at 9:11 pm

    I am Railway employee covered under pension scheme. as per latest notification additional 50000 inr can be invested in NPS tier-1 account for tax saving instrument.
    Please tell me that in which category I can open NPS account i.e. Indian govt employee, corporate sector, all India model or lite/swavlamban.

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