Budget 2016: NPS goes one up on life insurance pension plans

[IndiaInsurance]

While service tax has been reduced from 3.5% to 1.4% for life insurers’ single premium annuity policies, it has been completely waived off for NPS.

More... (http://economictimes.indiatimes.com/news/budget-2016-nps-goes-one-up-on-life-insurance-pension-plans/articleshow/51197516.cms)