According to the PFRDA, if companies adopt the NPS plan, the employees of the respective companies will benefit greatly.
NBS means the new pension plan is a good plan to help cover expenses after retirement. According to market experts, everyone can subscribe to this pension scheme. The involvement of private companies in NPS is also increasing.
PFRDA encourages companies to join NPS. According to the PFRDA, if companies adopt the NPS plan, the employees of the respective companies will benefit greatly. The revenue earned on NPS last year was also fantastic.
NPS registration of 8,000 companies
So far 8,000 companies have joined NPS. Pension Plan ( Pension Scheme ) registered. Under the Pension Scheme and the Atal Pension Scheme (APY), the total value has crossed Rs 5.05 lakh crore. The share of the corporate sector is 10 percent.
There are two types of NPS accounts
According to Karthik Zaveri, manager of Wealth Management at Transcend Consultants, there are two ways to invest in NPS. The first option – Active Mode. Under this the investor can look at their return each year and change the options for stocks and loans accordingly.
There are 8 fund managers investing in Auto Mode
In Auto mode option, 8 financial managers handle the investor’s money. They keep changing stock and debt levels in line with market trends. If you invest in NPS , you will get Income Tax exemption under Section 80CCD of the Income Tax Act .
You can open an account in this way
Newcomers do not have to provide any documents for Kyc to open an account. You can open an account with offline resources. No need to give a photocopy of it.
E-NPS account details
PFRDA has already given permission to E-NPS / Point of Presence Centers (where NPS account is opened) to open NPS account through offline Aadhaar with the consent of potential shareholders .
