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    <title>Govt employees under Unified Pension Scheme to get tax benefit akin to NPS: Finmin</title>
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    <description>Tax benefits available under the National Pension System are extended to central government employees who elect the Unified Pension Scheme as an option under NPS, with the finance ministry directing that NPS tax provisions apply mutatis mutandis to UPS. The UPS was notified as an option under NPS and operationalised by PFRDA regulations to provide comparable tax relief and a one-time option mechanism for covered employees.</description>
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