Known for providing stable and dependable returns on invested amounts, learn why fixed-income investments ought to be complemented with life insurance
NPS is picking up steam and becoming one of the most popular retirement-saving tools among the investing community.
NPS: According to a PFRDA circular, if the corpus is equal to or below Rs 2.5 lakh, then the full amount will be paid as a lump sum to the subscriber.
The data showed that the number of subscribers grew by 33.20% to 304.51 lakh as of August 31,2021, under APY
As per increased age eligibility norms, the subscribers who have closed their NPS accounts are allowed to open a new account.
Money9 Helpline hosted Optima Money Manager's Pankaj Mathpal to resolve all the queries related to NPS and retirement funds.
The milestone of 30 lakh voluntary subscribers under the NPS has been reached over a period of 12 years
National Pension System offers dual benefits of tax and retirement planning at the lowest cost
PFRDA has witnessed remarkable growth in NPS subscribers over the years with 74.10 lakh government employees in the scheme and 28.37 lakh individuals
Through the NPS account, one can prepare a retirement corpus for the future. Interestingly, this account can be opened with a minimum contribution of