Why Should You Invest in NPS?

• Dual Benefit of Equity & Debt: NPS allows you to invest in a mix of equity, corporate bonds, and government securities, offering better returns than traditional PF or FD.
• Professional Management: Your funds are managed by India’s top pension fund managers (like LIC, SBI, HDFC, and ICICI), ensuring high transparency and security.
• Low Cost: NPS is one of the world’s lowest-cost investment products, ensuring that more of your money goes towards wealth creation rather than fees.
• Portability: Your NPS account (PRAN) remains the same even if you change your job, city, or profession.
• Regular Monthly Income: Upon retirement, you get a lump sum and a guaranteed monthly pension for life.

Exclusive Tax Benefits Under NPS

NPS offers unique tax advantages that no other investment provides:

1. Section 80C: Part of the overall ₹1.5 Lakh limit (along with LIC, PPF, etc.).
2. Section 80CCD (1B): The Biggest Highlight! You can claim an additional deduction of ₹50,000 over and above the ₹1.5 Lakh limit of Section 80C. This is exclusively available for NPS investments.
3. Section 80CCD (2): If you are a salaried employee, your employer’s contribution (up to 10% of salary) is also tax-exempt, providing further savings for high-income earners.

Understanding NPS Tiers

• Tier-I Account: This is the mandatory retirement account. It offers all the tax benefits mentioned above, but withdrawals are restricted until retirement to ensure you build a solid corpus.
• Tier-II Account: A voluntary savings account that acts like a mutual fund. You can withdraw your money anytime, but it does not offer tax benefits.

How Samyuta Tax Consultancy Helps You

1. PRAN Generation: We assist you in obtaining your Permanent Retirement Account Number (PRAN) through a seamless digital process.
2. Asset Allocation Advisory: Whether you should choose Active Choice (you decide the equity/debt mix) or Auto Choice (lifecycle-based), our group helps you decide based on your age and risk profile.
3. Fund Manager Selection: We analyze the historical performance of different pension fund managers to help you pick the right one.
4. Tax Optimization: We ensure your NPS contributions are correctly reflected in your Income Tax Return (ITR) to maximize your refunds.
5. Withdrawal & Exit Support: Guiding you through the rules of partial withdrawals (for home, education, or illness) and final exit at age 60.

Who Can Join NPS?

• Any Indian citizen (Resident or Non-Resident).
• Age between 18 to 70 years.
• Self-employed professionals, freelancers, and salaried employees.

Start Your Journey Toward a Stress-Free Retirement!

Don’t just save for today; secure your tomorrow. Let Samyuta Tax Consultancy help you build a retirement corpus that keeps you financially independent.