<h1>Finance Minister Proposes Tax Exemption for NPS Vatsalya Contributions, Enhances Kisan Credit Card Limit, and Announces New Bond Facility</h1> Finance Minister proposed a tax exemption for contributions up to Rs 50,000 annually under the NPS Vatsalya scheme, making it more attractive. This benefit applies to those opting for the old tax regime. Launched in September 2024, NPS Vatsalya allows contributions to minors' accounts, with 89,475 subscribers and Rs 61.98 crore in assets. The scheme aims to ensure financial security for minors, converting accounts to regular NPS upon adulthood. Additionally, the Kisan Credit Card limit was increased to Rs 5 lakh, enhancing short-term loan access for farmers. A Partial Credit Enhancement Facility for corporate bonds was also announced.