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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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Has government provided NPS tax benefit on self-contribution in new tax regime?

NPS subscribers hoping for more tax benefits from Budget 2026 were disappointed. Finance Minister Nirmala Sitharaman's speech on February 1, 2026, offered no new tax advantages. The new tax regime only allows tax benefits on employer contributions to NPS. Individual and self-contributions receive no tax relief under this regime.

1 Feb 2026 1:07 pm