NPS vs PPF vs EPF: Why NPS Stands Out in Your Retirement Portfolio?
Planning for retirement holds significant importance in everyone's life. In India, you will find several investment products designed to help you save for your future. Among these options, the national pension scheme stands out as a smart choice for securing retirement corpus compared to other investments. In this guide we will walk you through the key aspects of NPS vs PPF vs EPF, helping you make an informed decision for a financially secure retirement.
What is the National Pension System?
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Date of last update: 14/06/2024
Glossary
Minor PAN Card: A Complete Guide for Application
Introduction: Understanding the PAN Card
PAN (Permanent Account Number) is a crucial document in India for managing financial activities and taxes. Contrary to popular belief, there is no age restriction for obtaining a PAN card. This includes minors (individuals below the age of 18 years), who can also apply for a PAN card, thanks to the initiatives by the government to simplify financial inclusiveness.
A Complete Guide on NPS for Experienced Professionals
The National Pension Scheme or NPS is open to all employees regardless of the sector they are working in. Besides, allowing one to save a retirement corpus, the NPS helps save 10% of the basic salary from tax deductions. Standing today, it is a voluntary scheme where you can select the pension fund managers of your choice. You can start with a minimum monthly contribution of only Rs. 500. Read on to learn in detail about NPS for experienced professionals.
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How to Close Your NPS Account: Know the Procedure
Exiting from the National Pension System (NPS) can now be done effortlessly through the eNPS portal, eliminating the need for physical visits. By visiting the CRA portal and initiating an Exit Request, subscribers can upload their KYC documents and complete the process with an OTP and eSign. The process is straightforward and ensures a smooth transition out of the NPS, with detailed guidance available through the "NPS Ki Pathshala" podcast on Soundcloud.
What is ONDC and How to Resolve Disputes on It?
Online shopping has become immensely popular in India due to its simple access and plethora of options. The Open Network for Digital Commerce (ONDC), which is backed by the government, has facilitated more than 49.79 million transactions since it officially began in January of last year.