National pension scheme

This query is : Resolved

lohithakshan u k (Querist)
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23 April 2015 I am 56 years old. Now I have recently joined the scheme with an intention of wealth creation. Right now I am exhausting Rs. 150000/= under sec. 80.c. I am planning to invest Rs. 50000 in pension scheme to avail. additional tax deduction. I don't know the full details of scheme.Kindly advice it is worth while. I am planning to withdraw the amount only after retirement.

Vineet Goyal

Vineet Goyal (Expert)
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23 April 2015 I think you should go through this. This will help you in understanding Why you should not invest in NPS.

http://financeandtaxhub.blogspot.in/search/label/NPS