One small update. When the corpus exceeds 5 Lakhs, 60 percent can be withdrawn without paying taxes (tax free withdrawal) , whereas remaining 40 percent will be Annuity. #avsenthil
Hello sir.. I m a housewife(30). I want to open nps account in my name( monthly 1000 or 500). Is this nps scheme beneficial for me? Because u said that this scheme is beneficial for tax payers nu. my husband working in abroad. Is that good scheme to invest as a non working person ? I already have an account of SSA and PPF in my kids name.
Annuity is a fixed sum paid you periodically.. Say monthly or quarterly or half yearly or annually. You can assume based on current interest rates u can get 6% Annuity on your corpus, whether interest rates goes up or down #avsenthil
Seaman NRI can invest in NPS ??
One small update. When the corpus exceeds 5 Lakhs, 60 percent can be withdrawn without paying taxes (tax free withdrawal) , whereas remaining 40 percent will be Annuity. #avsenthil
Sir remaining 40 Percent amount ah at what percentage they will decide and give monthly pension?
Hello sir.. I m a housewife(30). I want to open nps account in my name( monthly 1000 or 500). Is this nps scheme beneficial for me? Because u said that this scheme is beneficial for tax payers nu. my husband working in abroad. Is that good scheme to invest as a non working person ? I already have an account of SSA and PPF in my kids name.
I don’t understand even we can invest 10% of basic salary and use 50k (80CCD) as well ?
What is annuity ? How it works ?
Annuity is a fixed sum paid you periodically.. Say monthly or quarterly or half yearly or annually. You can assume based on current interest rates u can get 6% Annuity on your corpus, whether interest rates goes up or down #avsenthil
Home maker nps open pannakoodatha?