ഇനി എല്ലാ ഇന്ത്യക്കാർക്കും പെൻഷൻ/All you need to know about NPS in Malayalam/Part 1 NPS

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...
#pension #retirement #nps #nationalpensionsystem #nationalpensionscheme #financialfreedom #elizaandjoe #aljosebastian #mutualfunds #govermentscheme #stocks
You can contact me through the following methods
For business/Other enquiries : [e-mail]
**Follow Us On **
Instagram : / aljosvlogs
Facebook : www.facebook.c...
Twitter : / aljosvlogs
Retirement Planning
Financial Planning
Financial freedom
aljo sebastian
eliza and joe
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..!
Disclaimer :The information provided in this video is for general information purposes only. It is not intended to be professional advice or a substitute for it. We make no representations or warranties of any kind express or implied, about the accuracy, completeness, reliability, or suitability of the information contained herein. We disclaim any liability for any loss, injury or damage suffered by viewers based on the information provided. Viewers are advised to do their own research and consult appropriate professionals for specific advice. By watching this video, you agree that we shall not be responsible or liable for any claims for damages arising from the use of reliance on the information presented. I vlog from my readings and observations on socio-political and current affairs. Viewers are requested to review all official websites/platforms before taking any action.This video is Made for educational purposes only. I always try to share any information based on my research, knowledge and experience.