Planning for retirement is essential part of financial planning and must be done carefully. One can save and invest in the National Pension System (NPS) to secure his/her/their retirement finances and achieve peace of mind. And for those who already have other means of preparing their retiremen...
Under National Pension System (NPS), employees pay 10% of their basic salary. Up to 14% is contributed by governments. A corpus is created with the help of contributions. On attaining 60 years of age, NPS subscriber can withdraw up to 60% of accumulated fund. Remaining will be used to ...