The National Pension System (NPS) is a government-sponsored retirement savings scheme designed to provide long-term financial security. It offers a mix of equity, government bonds, and corporate debt, enabling individuals to build a retirement corpus while enjoying tax benefits.
- Key Benefits: Retirement savings, tax deductions under Section 80C and 80CCD, low-cost structure, and flexible investment options.
- Who Can Invest: Available for all Indian citizens, NPS is a versatile option for those looking to plan for a financially secure retirement.
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