Tax planning - national pension scheme

Tax planning 520 views 3 replies

Can we invest in National Pension Scheme through private sector banks like ICICI Bank or Indusind Bank ? How to go about it ?

Replies (3)

NPS is distributed through authorized entities called Points of Presence (POP’s) and almost all the banks (both private and public sector) are enrolled to act as Point of Presence (POP) under NPS apart from several other financial institutions. To invest in NPS, you will be required to open a NPS account through the Point of Presence (POP) and who will assist the subscriber in opening the account including the filling up of necessary forms, providing the information about NPS and any other relevant information in this regard

Thanks for your replies - Poornima Madhava and Vishal Goel. Investments in NPS looks attrative for Tax Planning purposes. But what are the average return on Investments so far. How do they compare with PPF etc. Can someone enlighten me on this ?

Thanks and Regards

 

Kishore Kumar Chowdhury

 


CCI Pro

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