Features of NPS –
- Retirement & Pension Investment
- Rs 50,000 Additional Tax Benefit per year over and above Rs 1.5 lakh of 80C tax benefit
- Tax Free Maturity Return
- Options to invest into 4 asset classes –
- Equities,
- Corporate Debt,
- Government Bonds and
- Alternate assets ( Trust, REITs, INVITs and Venture Fund )
- Minimum investment per year is Rs 500
- NO Maximum investment limit per year
- Investment can be done monthly, yearly OR anytime in the year. Auto-Debit Option also available