December 2025 NPS changes: A big step forward, but read the fine print
Last Update Date: 06-10-2026
Published by Moneycontrol
Abhishek Kumar's role: Quoted
Abhishek Kumar suggested estimating extra income needs from expenses, inflation and life expectancy and drawing it through a systematic withdrawal plan. He cautioned that NPS should be pledged for a loan only as a last resort.
More of Abhishek's views on retirement
The article reviews the December 2025 NPS changes, including a larger lump-sum withdrawal, a smaller compulsory annuity, gold and silver ETF options and loans against the corpus. It flags that tax law still exempts only 60% of the lump sum and urges careful planning of withdrawals.
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December 2025 NPS changes: A big step forward, but read the fine print