{"id":1050,"date":"2021-06-10T15:41:15","date_gmt":"2021-06-10T15:41:15","guid":{"rendered":"https:\/\/devoutinvest.com\/?page_id=1050"},"modified":"2024-08-25T13:49:38","modified_gmt":"2024-08-25T13:49:38","slug":"nps","status":"publish","type":"page","link":"https:\/\/devoutinvest.com\/?page_id=1050","title":{"rendered":"NPS"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><br><br>National Pension System:<\/h2>\n\n\n\n<p class=\"\">\u2022\u2060 \u2060The National Pension System (NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA).<\/p>\n\n\n\n<p class=\"\">\u2022\u2060 \u2060It was introduced in 2004 to replace the Old Pension Scheme and is open to all Indian citizens between the ages of 18 and 70.<\/p>\n\n\n\n<p class=\"\">\u2022\u2060 \u2060NPS offers two types of accounts: Tier I (pension account with restrictions) and Tier II (investment account similar to a mutual fund).<\/p>\n\n\n\n<p class=\"\">\u2022\u2060 \u2060Contributions to NPS receive tax exemptions under various sections of the Income Tax Act, making it a tax-efficient investment option.<\/p>\n\n\n\n<p class=\"\">\u2022\u2060 \u2060NPS allows premature withdrawals under certain conditions, such as for specified reasons after 3 years or if the pension collected is less than \u20b95,00,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Pension System: \u2022\u2060 \u2060The National Pension System (NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA). \u2022\u2060 \u2060It was introduced&hellip;<\/p>\n","protected":false},"author":1,"featured_media":996,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1050","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"jetpack-related-posts":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/pages\/1050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1050"}],"version-history":[{"count":2,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/pages\/1050\/revisions"}],"predecessor-version":[{"id":2063,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/pages\/1050\/revisions\/2063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devoutinvest.com\/index.php?rest_route=\/wp\/v2\/media\/996"}],"wp:attachment":[{"href":"https:\/\/devoutinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}