TMI BlogNational Pension Scheme Tier II- Tax Saver Scheme, 2020.X X X X Extracts X X X X X X X X Extracts X X X X ..... 43 of 1961), the Central Government hereby makes the following scheme, namely:- 1. Short title and commencement.- (1) This scheme may be called the National Pension Scheme Tier II- Tax Saver Scheme, 2020. (2) It shall come into force from the date of its publication in the Official Gazettee. 2. Definitions. - (1) In this scheme, unless the context otherwise requires,- (a) "Act" m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , issued by the authority in this regard on or after the date of commencement of this scheme. (ii) The minimum amount of contribution to activate the specified account shall be one thousand rupees and minimum amount of subsequent contribution shall be two hundred and fifty rupees. 4. Lock- in-period.-The contribution made under this scheme shall have a lock in period of three years from the date ..... X X X X Extracts X X X X X X X X Extracts X X X X
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