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What is National Pension System Overview & Benefits about?

The National Pension System (NPS) is a voluntary defined contribution scheme introduced by the Government of India aimed at ensuring financial security post-retirement. It offers two types of accounts, Tier 1 and Tier 2, with various tax benefits and investment options, allowing subscribers to accumulate a retirement corpus with market-linked returns. The NPS is regulated by the PFRDA and provides features like portability, flexibility, and low-cost investment options for retirement planning.

Author

arshadmujawar

Language

EN