The Government of India offers multiple tax-saving options to every citizen of India, intending to encourage savings and investments. One such tax-saving option is the 80CCD(1B) section of the 1961 Income Tax Act, which came into existence in...
Read MoreNPS Contribution: Your Ultimate Guide to Investing in the National Pension System for a Secure Future
The National Pension System is one of the multiple retirement perks the Indian Government launched to facilitate sufficient financial assistance after retirement. If you are a working individual, you can lead a comfortable life post-retirement in...
Read MoreSecure Your Retirement with NPS vs PPF: Long-Term Savings Options with Tax Benefits
Retirement is dear to everyone. Making a retirement portfolio after a specific age is beneficial to make your future financially safe. To aid salaried employees in financially securing their future, the Indian Government offers two schemes, i.e.,...
Read MoreComparing NPS Tier 1 and Tier 2 Accounts: Understanding the Features, Advantages, Similarities, and Differences
The National Pension Scheme Tier 1 account is the culmination of your retirement planning via the National Pension Scheme route. If you are a salaried employee in the government sector, you have no choice but to open a National Pension Scheme Tier...
Read MoreHDFC NPS Calculator
The National Pension Scheme is a government-launched scheme providing a steady income post-retirement. When the scheme was launched earlier, it was available for people working in the public sector, but since May 2009, each citizen of India can...
Read MoreNational Pension Scheme (NPS) Calculator SBI: Plan Your Retirement with Multiple Benefits
A popular scheme that the Indian Government launched for its citizens is the National Pension Scheme so that the citizens can have a safe and stable income source even after retirement. The National Pension Scheme provides privileges to every...
Read MoreNPS Tier 1 Account
The Indian Government launched the National Scheme on January 1, 2004, for the citizens of India but with a few exceptions. Since May 1, 2009, the Indian Government has made the National Pension available to every Indian citizen and removed the...
Read MoreUnderstanding NPS Tax Benefit: A Comprehensive Guide to Eligibility, Deductions, Privileges & Limitations
Under the 1961 Income Tax Act, the National Pension Scheme offers profitable tax privileges. The National Pension Scheme is a scheme the Indian Government introduced intending to give Indian citizens a steady income source after retirement. The...
Read MoreComplete Guide to NPS Calculator: Benefits, Working, Characteristics, Eligibility
The National Pension Scheme is a way of financial stability for the citizens of India after retirement. After retirement, you can use the invested National Pension Scheme corpus. You will require a National Pension Scheme calculator to estimate the...
Read MoreNPS Withdrawal Rules: How to Check Annuity Preference, Eligibility, Claims & Unique Withdrawal Options?
The National Pension Scheme is a voluntary retirement scheme that falls under the Pension Fund Regulatory and Development Authority’s jurisdiction and the Indian Government. The NPS withdrawal corpus is feasible as a lump sum or annuity,...
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