अ

Welcome to Arth Vani

Choose your preferred language

Sponsored · Open a free Demat account & get ₹500 in stocks.Claim
अ
ArthVani
Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,398.970.58%H ₹1,26,070.47 · L ₹1,25,328.45|Silver Intl (1kg)₹1,81,397.241.67%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,0243.14%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,7780.74%H $64,013.2 · L $63,542.8|Ethereum$1,801.990.76%H $1,808.82 · L $1,795.16|Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,398.970.58%H ₹1,26,070.47 · L ₹1,25,328.45|Silver Intl (1kg)₹1,81,397.241.67%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,0243.14%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,7780.74%H $64,013.2 · L $63,542.8|Ethereum$1,801.990.76%H $1,808.82 · L $1,795.16|
Breakingಮಕ್ಕಳ ಶಿಕ್ಷಣದ ಮೇಲಿನ ತೆರಿಗೆ ಉಳಿಸಿ: ಸೆಕ್ಷನ್ 80C ಮತ್ತು ಭತ್ಯೆಯ ಪ್ರಯೋಜನಗಳ ವಿವರಣೆ1/6

National Pension System (NPS)

A government retirement savings scheme with extra tax benefits.

Definition

The National Pension System (NPS) is a voluntary, long-term retirement savings scheme regulated by the PFRDA. It invests in a mix of equity, corporate and government bonds, and offers an additional ₹50,000 tax deduction under Section 80CCD(1B), over and above the 80C limit.

Example

Beyond the ₹1.5 lakh 80C limit, an extra ₹50,000 into NPS can save up to ₹15,600 more in tax at the 30% slab.

Plan with our tools

Frequently asked questions

Related terms

ELSSSIP
Browse the full financial glossary. Educational only — not investment advice.

Daily 3-minute money update on WhatsApp

Join 50,000+ investors — free.