National Pension Scheme (NPS) Rules on Voluntary Retirement

National Pension Scheme (NPS) Rules on Voluntary Retirement

National Pension Scheme (NPS) is the Central Government’s social security initiative that was started for government employees but later opened to those working in the private and unorganized sectors as well with an exception of those who work for the armed forces. Subscribers have to make investments towards their NPS account at regular intervals during…

eNPS website allows subscribers to make contribution online; How to do it

eNPS website allows subscribers to make contribution online; How to do it

The government recently changed income tax laws to make NPS or National Pension Scheme more attractive. On retirement or reaching the age of 60, an NPS subscriber can withdraw 60% of the corpus and it will be exempt from income tax, as compared to the 40% limit earlier. Contribution towards your NPS account can be…