ഇനി എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ/All you need to know about NPS in Malayalam/Part 1 NPS
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- Опубліковано 27 сер 2024
- ഇനി എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ/All you need to know about NPS in Malayalam/Part 1 NPS
In this video I am going to explain how everyone can get pension after retirement by investing in the government's National Pension Scheme. Watch this Malayalam financial video to learn more about the National Pension Scheme and how to use it to achieve financial independence.
Part 2 : എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ What is National Pension Scheme? Part 2 NPS complete analysis
• എല്ലാ ഇന്ത്യക്കാർക്കും...
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.
Why should I open NPS account?
Opening an NPS account has its own advantages over other pension products available. Below are some features that make NPS different from others:
1.) Low cost product
2.) Tax breaks for Individuals, Employees and Employers
3.) Attractive market linked returns
4.) Easily portable
5.) Professionally managed by experienced Pension Funds
6.) Regulated by PFRDA, a regulator set up through an act of Parliament
What are the Assets permitted for NPS funds Investment?
a) Asset class E: "High return, High risk" (equity market instruments).
b) Asset class G: "Low return, Low risk" fixed income instruments. The best example of
this is central government bonds.
c) Asset class C: "Medium return for credit risk" bearing fixed income instruments.
Examples of these are bonds issued by firms.
NPS Official Website : www.npscra.nsd...
NPS FAQ : npscra.nsdl.co...
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Retirement Planning
Financial Planning
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Pension for Everyone
Provide old age income
Reasonable market based returns over the long term
Extending old age security coverage to all citizens
How to start an NPS Account
Stock market and Mutual Fund investments are subject to market risks, read all scheme related documents carefully..!
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