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Tax deduction limit under sec 80 CCD (1) ceiling raised from Rs. 1.00 Lac to Rs. 1.50 Lacs.

From F.Y. 2015-16, subscriber will be allowed tax deduction in addition to the deduction allowed under Sec. 80CCD(1) for additional contribution in his NPS account subject to maximum of Rs. 50,000/- under sec. 80CCD 1(B).

As a Point of Presence our functions starts from registration of the subscriber(s), carrying out Know Your Client (KYC) requirements, receiving contributions & instructions from the subscriber(s) and transmitting the same to the designated NPS intermediaries.

This simple illestration will tell you how much pension you may get in National Pension System (NPS), once you retire.

  • Your Present Age : 30 Years

  • Your Expected Retirement Age : 60 Years

  • Investment Amount : Rs. 2,000 per month (To avail maximum tax benefit, contribute 10% of your Basic income + DA towards NPS )

  • Assumed Rate of Return : 8%

  • On reaching your retirement at : 60 years

  • The Principal amount you have paid is : Rs. 7,20,000

  • Interest earned on your Investment is(on monthly compounded basis) is: Rs. 22,48,609

  • Total Tax saved is : Rs. 2,16,000

  • Total Pension Accumulated is : Rs. 29,68,609

  • Minimum annual contribution of Rs 1,000 a year

  • You get Permanent Retirement Account Number

  • Choice of 8 Pension Fund Options

  • Choice of Lifestyle Fund- Auto allocation of funds as per age

  • Choose your fund manager

  • Start getting pension from annuity serviceprovider after age 60

  • NPS can be run parallel to Superannuation, Gratuity, PF, EPF and any other pension schemes offered to the employees of organized entities.


This Illustration is only for Information purpose.
Change in Tax laws may affect the Return on Investment.
Mutual Funds Investments are subject to market risks. Please read all scheme related documents carefully before Investing.