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What is Overview of National Pension System (NPS) about?

The National Pension System (NPS) is a defined contribution pension scheme established by the Government of India to facilitate retirement planning through systematic savings and investments. It offers a low-cost, tax-efficient, and flexible retirement savings account with various investment options, including equity and bonds, and is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). NPS accounts can be opened online or offline, and provide tax benefits on contributions and withdra

Author

Anirudra Ganguly

Language

EN