Most Indians still look at the National Pension System (NPS) as a tool to save some extra tax ( ₹50,000 yearly under the old regime). But to give credit where it is due, NPS is a pretty useful vehicle for focused savings toward retirement. In fact, NPS might be the only retirement-focused investment product that attempts to put in place a source for reliable pension during the retirement years.
Private sector continues to fuel NPS assets growth, records 39.62% jump at ₹2.52 lakh crore
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