National Pension System-Corporate Model provides a platform for the employers to extend the old age social security benefits to their employees and co-contribute for their pension. Employers get tax benefits on their contribution to the employees National Pension System account. Furthermore, employees will get an additional tax benefit of ₹50,000/- on their tax
To view National Pension System Performance Click here
Circulars Click here
Benefits
National Pension System brings about the following advantages for the employers and the employees
Low cost Investment
The investment cost is very low as compared to other investment products available in the market Flexible
The employer can have the option to select the investment choice for all its employees or may give the option to the employees. The employees have the option to choose from an assortment of asset classes (Equity, Corporate Debt & Government Securities) and can have the freedom to invest in a variety of Pension Funds Online Access- Round the clock
Riding on a highly efficient technological platform National Pension System provides online access to accounts to the subscribers Regulated
The funds are managed by Pension Funds appointed and actively monitored and regulated by PFRDA, the Regulator set up through an Act of Parliament Portable
The National Pension System can be operated from anywhere in the country even if one changes the job location or the job itself Tax incentives
Tax benefits are available on both employee and employer contributions. The employee can save tax on his own contribution [u/s 80 CCD (1) of Income Tax Act 1961] as well as the contribution made by employer [u/s 80 CCD (2)]
Explore our other products & services
