Savings Scheme
NPS Withdrawal Online: Rules, Process, Taxation & Exceptions
The Rule If you are an NPS subscriber, you may, under certain conditions, withdraw your NPS corpus either prematurely or maturely. Additionally, in an emergency, you may also opt for premature withdrawal of a portion of your funds. According to the corpus, age, and other variables, there are also matching withdrawal limits. The rules for ... NPS Withdrawal Online: Rules, Process, Taxation & Exceptions
- Vinay Dubey
- 31 January 2024 • 9 min read
Understand Exempt-Exempt-Exempt (EEE) In Income Tax In India
What is EEE in Income Tax? The income tax department of India has given EEE tax benefits to investments such as PPF, EPF, ULIP, etc. EEE stands for Exempt-Exempt-Exempt. It means the investor will get the tax benefit at the time of contribution, return on investment, and withdrawal time. There are three times when taxes ... Understand Exempt-Exempt-Exempt (EEE) In Income Tax In India
- Anshul Gupta
- 31 January 2024 • 4 min read
Retail NPS: All You Need To Know About
The National Pension Scheme is a retirement plan offered by the Government of India. This scheme is governed by the Pension Fund Regulatory and Development Authority (PFRDA). The scheme is also known as a voluntary pension scheme that provides both investing and pension benefits. Except for members of the armed services, this pension scheme is ... Retail NPS: All You Need To Know About
- Vinay Dubey
- 19 December 2023 • 6 min read
Active & Auto Choice of NPS: All You Need To Know About
When you invest in NPS, it gives you two options for managing your money: The Active choice is for people who want to actively manage the asset allocation in their NPS portfolio. Those who choose not to participate in portfolio decision-making should select the Auto choice. As an investor, you can choose to hire pension ... Active & Auto Choice of NPS: All You Need To Know About
- Vinay Dubey
- 19 December 2023 • 7 min read
Superannuation to NPS Transfer: All You Need To Know About
Transfer Provision Pension Fund Regulatory and Development Authority (PFRDA), on 6th March 2017, released a circular regarding fund transfer from the Superannuation fund to the National Pension Scheme (NPS). If a subscriber wants to get his recognised provident fund/superannuation fund transferred to NPS, then they have to follow the below-mentioned process: Tax benefits In the ... Superannuation to NPS Transfer: All You Need To Know About
- Vinay Dubey
- 19 December 2023 • 5 min read
NPS vs OPS: Difference Between Pension Scheme and Old Pension Scheme
What is the Old Pension Scheme (OPS)? The Old Pension Scheme is a fixed pension plan for government employees in India. Employees who have worked for at least 10 years get a monthly pension based on their last salary. In this scheme, the government pays the whole pension amount without deducting it from the employee’s ... NPS vs OPS: Difference Between Pension Scheme and Old Pension Scheme
- Anshul Gupta
- 18 December 2023 • 7 min read
Know About Your Employer’s Contribution to NPS
In 2004, the National Democratic Alliance (NDA) replaced the Old Pension Scheme with the National Pension Scheme, called NPS. It is an easily available, low cost and tax-efficient retirement saving scheme. It is an investment cum pension plan introduced by the government for all individuals. Unlike other plans, there’s no fixed amount promised at the ... Know About Your Employer’s Contribution to NPS
- Vinay Dubey
- 18 December 2023 • 4 min read
Corporate NPS: All You Need to Know About
What is Corporate NPS? The Corporate NPS model aims to enable companies (private sector, public sector, PSUs, etc) to incorporate NPS into their organisation and extend NPS benefits to their employees. It also allows the entities to offer NPS to both current and potential employees. Companies can join NPS through Point of Presence (POP). The ... Corporate NPS: All You Need to Know About
- Vinay Dubey
- 18 December 2023 • 7 min read
How to Check NPS Account Balance
NPS stands for National Pension Scheme, which was introduced in 2004 by the National Democratic Alliance (NDA). It is managed by the Pension Fund Regulatory and Development Authority (PFRDA). Ways to Check Your NPS Account Balance? There are two ways to check to NPS balance: Step 1: Go to the CRA website, enter your PRAN ... How to Check NPS Account Balance
- Vinay Dubey
- 15 December 2023 • 3 min read
ePRAN Through DigiLocker: All You Need to Know About
What is Permanent Retirement Account Number (PRAN) PRAN stands for Permanent Retirement Account Number. It is a distinct identification number assigned to each NPS (National Pension Scheme) subscriber after successful registration in NPS. After the allocation of PRAN, a physical copy of the PRAN card and other documents is mailed to your address. However, it ... ePRAN Through DigiLocker: All You Need to Know About
- Anshul Gupta
- 14 December 2023 • 3 min read
