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Context: Finance Minister Nirmala Sitharaman has said there is no intent to discourage higher income earners from saving with the Employees Provident Fund (EPF) and that she was open to reviewing the contribution limit of Rs. 2.5 lakh a year for tax-free interest.
NPS (National Pension Scheme):
EPF (Employees’ Provident Fund):
https://www.thehindu.com/todays-paper/finmin-hints-at-review-of-tax-limit-on-epf/article33898985.ece
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