introduced by the Government of India
(NPS) is a voluntary retirement savings scheme
Maximum NPS contribution: No limit
Tax exemption: Up to Rs 2 lakh p.a.
(NPS) is an investment cum pension plan launched by the Indian Government.
Central Government employees covered under NPS
PFRDA (Pension Fund Regulatory and Development Authority) is the governing body for NPS.
NPS is also a good investment option if growing your wealth and building a solid retirement corpus are on your mind
Pension (Annuity) payable for
5, 10, 15 or 20 years certain and thereafter as long as you are alive