National Pension System is an easily accessible, low cost, flexible and portable retirement scheme. An NRI between 18 – 60 years of age is allowed to join NPS under Repatriable or Non-repatriable mode. A unique Permanent Retirement Account Number (PRAN) is issued to each subscriber. ...
National Pension System (NPS) is an investment cum pension scheme initiated by the Government of India to provide old age security and pension to all citizens of India. The NPS was rolled out for all citizens of India on May 01, 2009. The Scheme is regulated by Pension Fund Regulatory and...
NRIs are permitted to invest in the National Pension Scheme (NPS) in India. It is a tax exempted, convenient, and low-cost investment for a safe retirement.
The only disadvantage of this scheme is that the NSC does not offer exponential returns like Mutual Funds tax saving option or National Pension Scheme. The interest rate for every quarter is fixed by the government. The biggest advantage with NSC apart from the security factor is that it has ...
New Delhi, Oct 30 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has now permitted Overseas Citizen of India (OCI) to enroll in the National Pension Scheme (NPS) at par with Non-Resident Indians .