With an aim to increase its customer base, PFRDA Chairman Hemant Contractor today urged the government to provide 'Triple E' benefits to the schemes under the National Pension System (NPS) to bring them at par with EPFO and PPF where the maturity amount is not taxed.
"Our request to the government is with regard to making NPS a Triple E product," Contractor said on his expectations from the Union Budget to be presented by Finance Minister Arun Jaitley on February 29.
Under the 'Triple E' category investment, all three accrued interest and withdrawal are exempt from tax.
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