What is NPS?

14th April 2025

Good Day Creative People

Today's special topic is as mentioned above.

Let's all look at what it is all about.

NPS, or National Pension System, is a government-backed retirement savings scheme in India aimed at providing financial security after retirement. It allows individuals to contribute regularly to a pension fund during their working years and withdraw funds upon retirement. NPS offers a mix of equity, corporate bonds, and government securities to invest in, giving flexibility in asset allocation. It provides tax benefits under Section 80C and 80CCD of the Income Tax Act. The system is designed to encourage long-term savings and ensure a steady income for retirees.

To know more about it do join us at Creative Edge.

May your day be blessed.

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