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What is NPS Scheme Overview and Guide about?

The National Pension System (NPS) is a voluntary retirement savings scheme in India, regulated by the PFRDA, aimed at encouraging systematic savings among citizens aged 18-70. It offers two account types, Tier I (mandatory) and Tier II (optional), with tax benefits and market-linked returns. NPS allows for partial withdrawals under specific conditions and provides a structured way to build retirement savings, with low costs and professional management.

Author

punes634

Language

EN