NPS is an easily accessible, low-cost, tax-efficient, flexible and portable retirement savings account. This pension programme is open to employees from the public, private and even the ...
NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...
After retirement, the regular income from the job stops, so it is important that by that time you either have a good amount of savings or some other source of income. In 2009, to help citizens avoid ...
Creating a ₹5 crore corpus with NPS requires disciplined investing, a clear understanding of asset allocation, and leveraging ...
You can open two types of NPS accounts: Tier I and Tier II. A Tier II account is allowed to open only when you have a Tier I account. The two accounts differ primarily in terms of tax benefits and ...
The Account can be opened in the name of a minor and operated by Parent/Guardian. Minor to be the sole beneficiary. NPS Vatsalya account can be opened through a Point of Presence (POP) registered with ...