Union Budget 2026 maintains India’s tax framework for senior citizens without introducing major new relief measures. While the changes are minimal and the overall rules stay largely the same, retirees hoping for fresh tax breaks may find their retirement planning assumptions need revisiting. The budget focuses more on continuity than on targeted senior-focused easing.
PFRDA has launched NPS Swasthya, a pilot scheme designed to help subscribers earmark money for healthcare while still planning for retirement. Users can contribute any amount, withdraw up to 25% specifically for medical needs, and exit fully for critical treatments. The model aims to blend pension discipline with timely access to healthcare funds.
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