How to open an NPS Tier 2 account-
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Know all about NPS Login, Scheme & Benefits of NPS-
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Learn about Section 80CCD(1)-
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Use NPS calculator here: [ Ссылка ]
How to Open NPS Tier 1 Account, Eligibility and Withdrawal - [ Ссылка ]
The National Pension Scheme (NPS) is one of the most accepted pension-oriented products in the country. The NPS scheme allows employees in public and private sectors to invest in low-risk equity funds, security funds, or alternative investments with good returns.
Your NPS contributions are tax-deductible under Section 80C and Section 80CCD of the Income Tax Act, 1961. You can claim a tax rebate of up to Rs 2 lakh under these Sections, depending on the type of NPS account you hold.
Your NPS investment is locked-in until your retirement. However, there are provisions for premature withdrawal on meeting certain conditions.
There are currently eight fund managers that handle NPS investment. They are:
Aditya Birla Sun Life Pension Management Limited.
HDFC Pension Management Company Limited.
UTI Retirement Solutions Limited.
SBI Pension Funds Private Limited.
ICICI Prudential Pension Funds Management Company Limited.
Reliance Pension Fund.
Kotak Mahindra Pension Fund Limited.
LIC Pension Fund.
SBI Pension Fund, LIC Pension Fund, and UTI Retirement Solutions are the only fund managers who manage pension contributions of government employees under NPS.
Tier 2 National Pension Scheme (NPS) Account is one of the 2 tiers of pension accounts offered by the Government of India. It offers flexibility in terms of the NPS withdrawal rules and allows the subscribers to withdraw money without paying a penalty fee. Tier 2 NPS account does not have any minimum balance requirement, nor do they have any contribution requirement to keep the account active. Also, the Tier 2 account doesn’t have any withdrawal restrictions. Individuals can withdraw money from Tier 2 accounts without any restriction on the amount of withdrawal. Also, there is no restriction on the number of withdrawals. Hence investors can make multiple withdrawals.
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