seach-icon
  • user-img

    Vikshita Vitthal Gujaran in News

    28-Oct-2022 01:14 PM


    thumbnail

    How To Open National Pension Scheme (NPS) Account In Easy Steps? Details

    Users can employ the facility to open their account with Protean Central Record Keeping Agencies.
    A formal regulatory agency called the Pension Fund Regulatory and Development Authority (PFRDA) was established under the PFRDA Act, which was passed on 01.02.2014, with the aim of promoting old age income security and safeguarding the interests of National Pension Scheme (NPS) subscribers.
    The PFRDA has now enabled users to open an NPS account through DigiLocker using their driving licence.
    NPS is a fantastic way to save for retirement.
    The NPS tax deduction under this clause is limited to a maximum of 1,50,000.
    Prospective subscribers can use the facility to open their account with Protean Central Record Keeping Agencies (CRAs) while existing users can update their address using through the new method.

    Source - NDTV