Project your pension corpus and monthly payouts under National Pension Scheme.
Project your pension wealth corpus, tax-free lump sum withdrawal, and monthly annuity pool under the National Pension Scheme.
Projects total NPS maturity balance at age 60, splitting wealth into 60% tax-free lump sum and 40% mandatory pension annuity pool.
NPS is a voluntary government-sponsored pension scheme. Contributions are invested across Equity (E), Corporate Bonds (C), and Govt Securities (G).
NPS offers an exclusive additional tax deduction of ₹50,000 under Section 80CCD(1B), over and above standard ₹1.5 Lakhs limit under 80C.
At age 60, subscribers can withdraw up to 60% of corpus completely tax-free. At least 40% must be reinvested in annuity plans to yield monthly lifetime pensions.
Yes, the 60% lump sum withdrawal from NPS at age 60 is 100% exempt from income tax.
Active Choice lets subscribers allocate equity up to 75%. Auto Choice automatically reduces equity exposure as subscriber age increases.
Yes, employer contribution to NPS up to 10% of basic salary + DA is tax-deductible under Section 80CCD(2).