Feb. 19, 2021, 10:33 p.m.
(1)NPS is basically a scheme in which an investment is done regularly during the employment period of an employee to receive a regular amount of Income after the retirement.
(2)Eligibility : Employees from public, private and unorganized sectors except those from armed forces, can open an account under this scheme.
(3)Investment in NPS is eligible for deduction u/s 80C of Income Tax Act 1961.
(4)Offers a good return over other schemes like PPF and so far has delivered 8% to 10% and hence a low risk investment option.
(5)You can withdraw a certain amount of corpus, from the rest amount you will receive a monthly pension.
(6)Managed by PFRDA - Pension Fund Regulatory and Development Authority.
(7)It is now possible to open an NPS account online, if you link your account to your PAN, Aadhaar and mobile number. You can validate the registration using the OTP sent to your mobile. This will generate a PRAN (Permanent Retirement Account Number), which you can use for NPS login.
(1)NPS is basically a scheme in which an investment is done regularly during the employment period of an employee to receive a regular amount of Income after the retirement.
(2)Eligibility : Employees from public, private and unorganized sectors except those from armed forces, can open an account under this scheme.
(3)Investment in NPS is eligible for deduction u/s 80C of Income Tax Act 1961.
(4)Offers a good return over other schemes like PPF and so far has delivered 8% to 10% and hence a low risk investment option.
(5)You can withdraw a certain amount of corpus, from the rest amount you will receive a monthly pension.
(6)Managed by PFRDA - Pension Fund Regulatory and Development Authority.
(7)It is now possible to open an NPS account online, if you link your account to your PAN, Aadhaar and mobile number. You can validate the registration using the OTP sent to your mobile. This will generate a PRAN (Permanent Retirement Account Number), which you can use for NPS login.