If your NPS corpus is too small
If your NPS corpus is too small, you may not be eligible to buy an annuity, which is a retirement income option. This is because the National Pension System (NPS) has certain rules governing annuity purchases, including a minimum corpus size requirement. For investors, this means they may not be able to access the tax benefit of buying an annuity without GST, which is a key advantage of this option.
Read the source report: The Hindu
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