To initiate the transfer, you must have an active NPS Tier 1 account. You can complete the process through your ... EPF to NPS will not be considered as withdrawal, so no tax will be charged ...
One should note that the performance of NPS is correlated with the market and varies based on your allocation among equity, ...
By Kurian Jose The National Pension System (NPS) offers great tax-saving opportunities, but there are myths that often ...
Regulated by the Pension Fund Regulatory Development Authority (PFRDA), it offers a long-term investment plan with two account types, Tier-1 and Tier-2 ... estimate tax savings under the NPS deduction ...
You can open two types of NPS accounts: Tier I and Tier ... under Section 80C (Rs 1.5 lakh) and subsection 80CCD (1B) (additional Rs 50,000). Currently, you can withdraw up to 60% of the total ...
Two popular options available for parents in India are the NPS Vatsalya ... of Rs 1.5 lakh annually. Tax-free returns and principal are available under Section 80C. Partial withdrawals are allowed ...
while another suggests that the 60% tax-free corpus may also allow tax-free systematic withdrawals. For those saving for retirement and unsure about liquidity needs, the tier-2 scheme of the NPS ...
One has to be a resident or non-resident Indian between the ages of 18 and 70 years to open an NPS account. NPS portfolio invests in an entire spectrum of assets including equity, government bonds ...
Nairobi — Chief Justice Martha Koome has raised concerns over the withdrawal of her security detail termin the move a threat to judicial independence. In a letter addressed to Cabinet Secretary ...
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...