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  1. K

    NPS calculations: Is NPS a good option or not under current rules.

    @zaplecza Just ask if they support corporate NPS. If they do, they will either offer to open the account for you or ask you to open a standard NPS account (your bank will do this) and provide the number to them for conversion.
  2. K

    NPS calculations: Is NPS a good option or not under current rules.

    @zaplecza Many companies support the corporate scheme. They just have to link up with the POPs. It has been live since 11 years now.
  3. K

    NPS calculations: Is NPS a good option or not under current rules.

    @zaplecza He's missing the exemption one gets through the company's contribution as this is not factored into CTC and is thereby exempt from taxation. You can choose to have 10% of basic + voluntary contribution.
  4. K

    NPS calculations: Is NPS a good option or not under current rules.

    @isika You have not considered two factors here - 1) Tax saved through corporate contribution. This is particularly useful when you are in the highest bracket and have exhausted all other tax saving avenues. 2) Additional voluntary contribution through 80CCD(1B). Provides additional 50K exemption.
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