04 Jan 2026 | 3 Mins Read
India's financial regulators should adopt the new NPS model
Flipitmoney
Prior to a rule change, the Income Tax Act specified that only ₹10,000 could be invested in tax-saving mutual funds under Section 80C, with the remainder going to other instruments. ELSS funds had consistently outperformed other options but were initially limited to ₹10,000 to protect citizens from perceived equity risks.