Major Changes in National Pension System (NPS): Choice of Pension Funds and Investment Pattern “The subscribers may exercise one of the above choices of Investment Pattern twice in a financial year” Introduction of choice of Pension Funds and Inv … [Read more...]
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Return of NPS Scheme (State Government Scheme)as on March 2019
Return of NPS Scheme (State Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 201 Particulars SBIPF Assets (Rs In Crore ) 53,946.41 Scheme Inception … [Read more...]
Return of NPS Scheme (Central Government Scheme)as on March 2019
Return of NPS Scheme (Central Government Scheme)as on March 2019 Return of NPS Scheme Return chart of individual NPS schemes as on 31 March, 2019 Particulars SBIPF Assets (Rs In Crore ) 38,453.66 Scheme Inception … [Read more...]
Voluntary Contribution in Tier I account by Govt. Sector Subscribers
Voluntary Contribution in Tier I account by Govt. Sector Subscribers In order to avail Tax benefits under NPS, the Government Subscribers can make an additional investment in their NPS Tier I account. An additional deduction for investment up to Rs. … [Read more...]
Tax Benefit Under NPS
Tax Benefit Under NPS What are the tax benefits of NPS 1. What are the tax benefits of NPS? Income Tax Act allows benefits under NPS as per the following sections: On Employee’s contribution: Employee’s own contribution is eligible for tax deduction u … [Read more...]
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