#NPS #NationalPensionScheme #taxplanning
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National Pension Scheme (NPS) is a retirement/tax saving scheme that can help save tax and get regular pension after retirement. The Government of India introduced the National Pension scheme in 2004 for Government Employees only but was later opened to all citizens of the country in 2009.
In this video Mr. Varun Malhotra will discuss the two common mistakes people are making when they think about NPS.
1. Many viewers commented that NPS is not beneficial because there is no liquidity and "what if I need the entire corpus at retirement"?
2. Many viewers also commented on How Annuity plans were NOT good and that Annuity plans offer really low returns.
On receiving feedback from the first 3 videos on NPS - National Pension System, we realised that many viewers have these common questions in mind :
1. How annuity plans work?
2. What type of Annuity plans exist?
3. What type of Annuity plan would be suited to you?
3. How much returns one can expect on an annuity plan?
...and other features of NPS such as liquidity issues and long lock-in. For this reason, we decided to make this video and explain the above mentioned concepts related to NPS.
We hope you like this video on Annuity plans of National Pension system. This content, about the types of annuity plans offered and the returns etc has never been clearly explained anywhere on the Internet including KZitem.
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Негізгі бет NPS - National Pension Scheme India | 2 सबसे बड़ी Mistakes | Tax & Retirement Planning (Part 4/4)
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