NPS comparison with equity mutual funds? The Union Budget 2015 gave a big push to the NPS by creating a Rs 50,000 tax break that can be utilised only by investing in the NPS. Let’s compare the equity returns with NPS returns. Equity Fund returns as on 1 Jan 2020 in various categorie...
The New Pension Scheme works on a defined contribution basis and has two tiers Tier-I and II.Contribution to Tier-I is mandatory for all Government servants joining Government service on or after 1-1-2004 (except the armed forces in the first stage), whereas Tier-II is optional and at th...
Note – These numbers are indicative, based on an assumed constant average rate of return of 10% and annuity rate of 6% (which may not actually remain constant). The actual returns, final NPS pension, final lump sum amount one gets from NPS may be higher or lower. Also, you never know...
Having more than 120 integrations, this NPS tool guarantees a smooth incorporation of the necessary data into your operational processes, enabling efficient communication on a larger scale. With top-tier security and integrated GDPR compliance, you can be confident in your customer data safety. This ...
To transfer EPF to the NPS, one should have an active NPS Tier-I account. One can open NPS account through the employer, through eNPS portal, or physically through Points-of-Presence or POP(i.e, banks or any entities registered as PoPs with PFRDA). Our articleeNPs:How to open NPS acco...