NPS is an easily accessible, low-cost, tax-efficient, flexible and portable retirement savings account. This pension programme is open to employees from the public, private and even the ...

The new tax regime has changed how we think about saving for retirement. NPS and EPF both play a crucial role, but are they ...

NPS Vatsalya account can be opened through Points of ... NRE/NRO Bank Account (solo or joint) of the minor if the guardian is ...

Under the National Pension System (NPS), there is another contributory pension system NPS Vatsalya which is eligible for ...

NPS scheme update: Now, opt for e-PRAN card to save costs on account opening; here's how NPS schemes will now have the option of availing e-PRAN card that cut the cost of NPS account opening to as ...

NPS Vatsalya is a savings-cum-pension scheme regulated by the Pension Fund Regulatory Authority of India (PFRDA).

Creating a ₹5 crore corpus with NPS requires disciplined investing, a clear understanding of asset allocation, and leveraging ...

You can open two types of NPS accounts: Tier I and Tier II. A Tier II account is allowed to open only when you have a Tier I account. The two accounts differ primarily in terms of tax benefits and ...

To open an NPS Vatsalya account, minors need to provide proof of date of birth, PAN, and Aadhaar. Guardians must complete KYC formalities, submitting their identity and address proof, ensuring a ...

Under the NPS Vatsalya scheme, all minor citizens up to the age of 18 are eligible to open an account. Image source: X "I am also proposing to allow similar treatment to NPS Vatsalya accounts as is ...

Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. The minimum contribution to open Vatsalya account is Rs 1,000. Subscribers will have to contribute Rs 1,000 annually ...