It's possible that if people opt for a new regime that offers higher returns or better tax benefits, there could be a decrease in investment in schemes such as the Public Provident Fund (PPF) and National Pension System (NPS). This could result in the government receiving less money from these schemes.
However, it's also possible that the government could respond to such a situation by introducing changes to these schemes to make them more attractive to investors. For example, the government could increase the interest rates on PPF or introduce new tax benefits for NPS to encourage more investment.
Moreover, it's important to note that the government collects revenue from various sources other than just PPF and NPS investments. These sources include direct and indirect taxes, fees, and levies. Therefore, even if there is a decrease in investment in PPF and NPS, it may not have a significant impact on the overall revenue collection of the government.
In summary, if people opt for a new regime that offers better returns or tax benefits, there could be a decrease in investment in schemes such as PPF and NPS, which could result in the government receiving less money. However, the government could respond to such a situation by making changes to these schemes or by collecting revenue from other sources.
