Tax Benefits on
Withdrawals

Partial Withdrawals: Up to 25% of the contributions can be withdrawn for specific reasons like higher education, buying a house, or medical emergencies, and these are tax-exempt.

Lump Sum Withdrawals: At retirement, up to 60% of the corpus can be withdrawn as a lump sum, which is tax-exempt.

Annuity Purchase: The remaining 40% must be used to purchase an annuity, which provides a regular pension. The annuity income is taxable as per the individual's tax slab.