Hi!
my father is 68yrs old and has taxable income. he wants to invest in pension scheme.
Would like to know if he is eligible to enter into national pension scheme and What are the stipulations regarding the same?
thanks in advance
priya
Hi!
my father is 68yrs old and has taxable income. he wants to invest in pension scheme.
Would like to know if he is eligible to enter into national pension scheme and What are the stipulations regarding the same?
thanks in advance
priya
Yes, eligible...
The good news is that now senior citizens above age 65 (up to 70 years)are also allowed to open a National Pension System (NPS) account.Now any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between the age of 65-70 years can also join NPS and continue or defer their NPS Account up to the age of 75 years.
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