News From Press You still need EPF, NPS, insurance

You still need EPF, NPS, insurance

Source: Financial Express Feb 3, 2025

The huge relief in the new tax regime will enhance take-home pay, spur consumption and reduce the allure of traditional tax-saving investments. However, individuals must continue to invest in Employees’ Provident Fund (EPF), National Pension System (NPS), equity-linked savings schemes (ELSS), term and health insurance for their long-term financial security even if the tax-saving incentive is gone.

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