എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ What is National Pension Scheme? Part 2 NPS complete analysis
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- Опубліковано 27 сер 2024
- എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ What is National Pension Scheme? Part 2 NPS complete analysis
In this video we discuss whether you should invest in NPS or consider mutual funds and whether NPS is good.In this video we are going to discuss about fund managers, Annuity, Who should consider NPS? Exit and Withdrawal options of NPS and Finally the tax benefits of NPS.
Part 1 Video : • ഇനി എല്ലാ ഇന്ത്യക്കാർക...
NPS Official Website : www.npscra.nsd...
NPS FAQ : npscra.nsdl.co...
NPS Fund Managers : www.npstrust.o...
What is NPS?
The National Pension System (NPS) is a pension-cum-investment scheme launched by the Government of India to provide old-age security to Indian citizens. It brings an attractive long-term saving method to effectively plan your retirement through safe and regulated market-based income.The scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA). National Pension System Trust (NPST) established by PFRDA is the registered owner of all assets under NPS.
Who Can Join NPS /Eligibility Criteria For NPS?
Any individual citizen of India (both resident and Non-resident) in the age group of 18-70 years (as on the date of submission of NPS application) can join NPS.
Can an NRI join NPS?
Yes, an NRI can open an NPS account. Contributions made by NRI are subject to regulatory requirements as prescribed by RBI and FEMA from time to time.However, OCI (Overseas Citizens of India) and PIO (Person of Indian Origin) card holders and HUFs are not eligible for opening of NPS account.
Can I open an NPS account jointly with my spouse, child, relative?
No, NPS account can be opened only in individual capacity and cannot be opened or operated on behalf of HUF and jointly.
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