Plan your retirement withNational Pension System
The National Pension System (NPS) is a government-backed retirement savings plan that supports security in one's working years by enabling individuals to save consistently throughout their careers and accumulate a significant retirement fund over time.
The National Pension System (NPS) provides excellent tax benefits under Section 80C and Section 80CCD(1B) of the Income Tax Act. By investing in NPS, you can claim a deduction of up to Rs. 1.5 lakh under Section 80C, plus an additional Rs. 50,000 under Section 80CCD(1B).
This combination not only boosts your retirement savings but also reduces your taxable income effectively.
The National Pension System (NPS) is designed to help individuals accumulate a substantial retirement fund through systematic and disciplined savings. By contributing regularly to the NPS, you can benefit from compounding returns on your investments over time. This government-backed scheme offers a combination of equity, corporate bonds, and government securities.
The National Pension System (NPS) provides excellent tax benefits under Section 80C and Section 80CCD(1B) of the Income Tax Act. By investing in NPS, you can claim a deduction of up to Rs. 1.5 lakh under Section 80C, plus an additional Rs. 50,000 under Section 80CCD(1B). This combination not only boosts your retirement savings but also reduces your taxable income effectively.
The National Pension System (NPS) is a government-backed savings scheme designed to provide investors with a regular monthly income after their retirement.
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