NPS withdrawal rules 2026: how the new Retirement Income Scheme works
The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.
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I am Ramesh Kohalli, a CLIA Associated with LIC of India for the past 14 years. As you may be already aware of, LIC is India’s oldest and largest life Insurance company. I recruit and train individuals to build a successful career in insurance agency business. Over the last 14 years, I have mentored more than 100 agents as a part of my team.
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The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.
Read MoreSelling a property can leave you with a sizable profit, but it can also rake up significant taxes. The amount of tax you pay depends on how long you have owned the property and the capital gains tax rules introduced in the Union Budget 2024 and made effective from July 23, 2024. The changes have altered how long-term gains from property sales are calculated and taxed.
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