National Pension System (NPS) is a perfect solution for retirement planning. It provides old age income with reasonable market-based returns. It is based on unique Permanent Retirement Account Number (PRAN) which is allotted to every subscriber for NPS which comes with the dual advantage of saving tax and assuring a regular income in the future. NPS investments are fully tax exempted.
In case of any queries, please write to : nps@esafbank.com
Regulated: NPS is regulated by PFRDA (Pension Fund Regulator under Govt. of India)
Transparency: NPS account can be accessed online to make contributions and track investments.
Exclusive Tax Benefits
NPS offers deduction of Rs 150,000/- on contributions made from your taxable income (under Section 80 CCD (1) of the Income Tax Act,1961) subject to
Note: The maximum deduction from the taxable income is limited Rs.1.5 lac, as permitted under Sec 80CCE of Income tax Act,1961
Further an additional deduction from the taxable income to the extent of Rs 50,000 under Section 80 CCD(1B)
Employees :
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