NPS Vatsalaya Scheme tax benefits in budget 2025. In addition, the NPS vatsalya scheme is designed for minors whose age is below 18 years of age. In addition, this account is managed by the parents/guardians of the minors. Moreover, this scheme is regulated by PFRDA (Pension Regulatory Board of India). Read this article to know complete details about this scheme. NPS VATSALYA SCHEME tax benefits (from 1st April 2025)… The NPS valsalya scheme will also get the same tax benefits as the NPS account. Tax deduction under Section 80ccd(1B). # The parent/guardian can claim up to Rs. 50,000 in tax …