Get Additional Tax Savings up to Rs. 15,000 in NPS

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Jul 9, 2016, 3:20:33 AM7/9/16

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National Pension Scheme

Plan a secure future with the National Pension System

Dear Investor,

Planning for your retirement may not be on your mind. However, your expenses would increase after retirement, so how to keep up with those expenses?

The answer lies in planning your retirement pension. Plan your retirement with the National Pension System, which helps you to create pension corpus for your retirement years and also save additional tax now.

Additional Tax Benefits

Get additional deduction of Rs. 50,000/- over and above Rs. 1.5 Lakh deduction under section 80C#.

*Tax saving of Rs.15,450 calculated at 30.90% p.a. (30% + Education cess 3%) on Rs. 50,000 in the highest bracket i.e. for people with income up to Rs.1cr.

#Tax deduction upto 10% of salary (Basic + DA) under section 80CCD(1) within the overall ceiling of Rs.1.5 lakh under section 80CCE and an additional deduction of Rs. 50,000/- under section 80CCD (1B) per assessment year (applicable from FY 2015 -16/AY 2016-17)

^Plus contribution processing charges (0.25% of contribution amount subject to minimum of Rs. 20) and taxes as applicable.