Hi Sir, Just need a suggestion. My parents are 57 now, so shall I ask them to invest some amount in nps or not. As only 3 yrs are remaining in nps entry. Request you to please let me know
Hi mandeep... I have 2 questions .. 1. Being a individual contributor of nps scheme.. can I invest more then 50k per year ?and is also exempt from tax ? 2. Can u tell me exit procedure of nps for individual contributor?will we have to go to POP physically to submit withdrawl form?
You guys should be given PadmaShri for educating India :) Your work is no less. I discovered your channel lately and I am watching all of your videos. God, I've missed so much.. I have learnt more from your videos than from my prof career of 7 yrs Hats off to you guys!!!! Lots of respect and keep up the excellent and extra ordinary work. Thank you sooo much!
Sir.. Assume i start NPS tier-1 account today and do premature exit after 5 years. Assume my corpus is 1.5lakh (less than 2.5lakh limit) after 5 years. Now, i choose full amount withdrawal. So, this 1.5lakh amount withdrawn in premature exit is taxed as per my tax slab rate or it is tax free..? Please clarify..
I’m a private firm employee & i opened NPS 3 years back. My sole reason was to get additional tax benefit of ₹50k. NPS in India is similar to 401(k) plan in the US. Although my purpose of investing in NPS still remains the same, but I would suggest private firm employees in their 20’s to get a head start & open a NPS. With better medical facilities & per capita income, our life expectancy is gonna increase in the near future. After retirement a steady monthly income will make you less dependent on your children & live life tension free.
I invest in 401(k) here in the U.S. I am planning to open NPS in India. Unlike our parents, it worries me that when we retire, there won't be any govt. pension for us.
very true...... NPS is similar to 401K........... students, employees, etc are not actually told about NPS in India..... EPF is automated....... not sure how many elders know about it
This is the only video which explains virtually each and every functional aspect of NPS (Tier 1 + Tier 2) along with the tax implications. Thanks for creating this useful content !!!
आपसे एक निवेदन है कि आप Government employees के NPS और उनके रिटायरमेंट पर उनको क्या choose करना चाहिए इन सब की जानकारी जरूर दीजिए एक अलग से सेपरेट वीडियो आप इस पर बनाए ।
@@avnish.dixit_ Aapki baat sahi hai lekin aap khud Maan rahe hain ki kuchh ko chhor kar. Isliye maine comment kiya ki aap jisko reply kar rahe hain, ghushkhor bol rahe hain vo imaandaar bhi to ho sakta hai
This is what i was searching for. Thanks for information. Its been 2 years since i opened my NPS account but wasn't aware of the true knowledge of it. Good job.
This is the first time I came across u channel n found all the information so valuable I just opened both nps and term I wish I had come across u channel sometime back 👍
Nice explanation on NPS features & its benefits. Can you also cover the impact/benefits in case of death/permanent disbility/permanent loss of income? What happens to the amount contributed in such cases?
Awesome video! Subway reference was too good :D A couple of questions around Annuity Plan - 1) For how many years do we have to take the annuity plan ? Or is it upto us to decide the duration since that will decide my monthly pension ? 2) At which tax rate will the pension income be taxable ?
Hi @mandeep @rishabh. I have been binging all your playlists for the last 10 days and am almost done with more than 90 videos. I thoroughly enjoy them, which is evident as I took out the time to watch so many of these videos at 1.5x and also made notes. I just have one constructive feedback for you, so that future young people who would like to absorb good quality information quickly can be helped. The playlists efficiently groups the relevant videos, BUT, the order is not given. I had to many times go through the entire playlist, sometimes opening the wrong ordered video and then again identify the first one and open it. This is a very small request and has nothing to do with the thoroughly well-researched and amazing content. It can also be sorted easily if two people spend an hour each. Just a suggestion. Keep doing the amazing work. I love you guys for doing so. Cheers.
Hi mandeep, After watch all your vidoe i have decided to invest in NPS but when I tried opening account I have to select different scheme, which is quite a task can u make a video for comparing all schemes and how to allocate and how to select all, how to change funds etc. Kind of a final video to actually like u did for zerodha investment. Love ur content and dept of ur research.
First of all thanks for the informative video. You have 1 subscriber more from today onwards. Can you please clear the following remaining doubts: Question 1) In case of death of beneficiary before 60, how much of the amount can be claimed? Question 2) After age 60, when annuity scheme starts, if a person dies prematurely what amount can be claimed?
Great content LLA. I have few questions if you can answer them I will really appreciate. 1. What happens on demise of NPS subscriber? 2. Can I switch from Active choice to Auto choice? 3. Is there any app which we can use to check NPS activities like we have for Mutual funds like ET Money?
hallo sir, sir (central government employee) nps scheme के उपर 1 सेप्रेट video बनाई ये pls. क्युंकि आपने जैसे बताया 2 type acc. (teiar 1,2) ये choicess hume अपने account ki कौनसी है नही पता तो आप 1 वीडियो goverment employees NPS sheme पे बनाई ये. धन्यवाद् 🙏🙏🙏
Aap ne bohot simple tarike se sab bataya hai. Apka vdo dekhne ke baad NPS kafi asani se samaz aaya. Dhanyawad. Ek hi request hai ek example deke samzaiye ki x amount y years ke liye bharne pe Kitna pension milega...
Great video. It would be really great if you can throw some light on which fund manager to choose for Tier 1. How to check their performance for the last 10 year (or more) across different class like Equity
Thanks, I was not aware that I can get tax benefit beyond 50K by employer contribution. Apart from 80c. It's Tax part need more detail, as it's still confusing for lot.
If you have exhausted 1.5 lakh limit for 80C, you can get an exemption of another 50k if you put money in Nps on your own, on top of it if your employer provides nps contribute facility you can put 10 percent of your basic in nps which will be tax free
Namskar Sir, Kripya Medical Leave/Sick Leave topic par ek video baniye, jisme agar Medical Certificate submit nhi karte to kya action liye ja sakte hai. OH&S ke purpose se kya view ho sakta hai? I love your way, how you tell and make understand the terms. It is really much appreciated. Thanks so much Sir.
Hi Sir, I have a question regarding NPS employer contribution. I know you already made one video on NPS but it would be great if you can address how an individual can take maximum benefit of NPS. As far as I know NPS benefit are 50000 as tax exemption in 80 CCD(1). However, there is one more thing as NPS employer contribution which can be maximum of 10% of basic pay. So will it make the deduction over and above 2 lakh limit of 80C + 80 CCD(1). If yes, then how can I leverage my existing NPS pran to add employer contribution? if I have seperate PRAN for corporate NPS and my personal contribution then having more than one PRAN id is not valid or recommended by NPS authority which can cause problem. Please share your thoughts on this. Thanks in advance !
@LabourLawAdvisor hello, i have a question related to employer contribution only. Can the employer do the investment for employee in backdate, atleast for same financial year. I tried checking varioua FAQs even in Protean website, but no help. Please advise. Thanks in advance.
Amazingly covered content. I am so glab to be a subscriber of LLA.Just felt the need to know about NPS today and got complete information here. Hope whole process of NPS is same as it was 2 years ago (At the time of upload of this video).
Dear Mr. Gill, Thank you for the simplified and immensely helpful video. Could you clarify if a govt. employee can choose active choice, if so, how? Thanks. VS
In current situation lot of govt employees r complaining to ban nps n start old pension scheme as after investing for more than 30 yrs in Nps they r hardly getting pension of rs1500 to 2000 because the pension amount is dependent on market condition.so what u have to say about that?is Nps still a good investment option as at the age of 60 a person doesn't want to get a pension of only rs1500
Yesssss ys ys you r right.. Aisa hi hota he last me sifr 1000 rs month aata he all amount uske pas raheta he hamri bachat k isase achha to fd me incom jayda hogi..
AAP thodi iski details jaano pehla, 1500 pension sirf usko milegi Jisna poori life sirf approx 200000 h contribution Kia, You must search NPS calculator That will help you for some details
Not true, 1500/2000 pension unhe mil rahi hai jinki sirf 6-8 saal ki service hai (baki wo contract pe the ,so actual employment tenure on government payroll is not more then 8 years). Of course usmai unka contribution he itna nahi hai ki koi pension ban paye. On the other hand agar koi 30 saal contribution karega to obviously usko accha return milega.
I would suggest you please search the facts and figures before coming to a conclusion. Search those Govt. employees amount of contribution, the number of years of contribution, the percentage invested in annuity etc. before making any comment. Surely, I believe that you will be in a better position. I know one uncle who worked in the private organization for the past 21 years, believe it or not, he is getting Rs 19580/- per month through NPS (he said it). He has other investments like RD, FD, SIP, Insurance as well. When I asked how he managed to do this, he simply replied, "Saving is an Art, Saab ki baas ki Baat Nahi hai. Long hail Warren Buffet". So, my friend, it is deemed to be difficult but not impossible.
20 साल निवेश करने के बाद आपको आपके जमा पैसे का 60%ही वापस मिलेगा और उसमें भी 30%टैक्स देना होगा। और पेंशन की बात करें तो आपके बचे हुए 40% पैसा यदि 500000 भी हुआ तो आपको पेंशन मुश्किल से 1000 ही मिलेंगे।
Nice explanation, have one doubt. What if 40% amount is not utilised fully after retirement and the person dies, will the remaining money be transferred to beneficiary (if any) ?
One thing to keep in mind that NPS employer contribution is part of your ctc similar to PF. Very long term investment plan will never be helpful. Real life example: My dad invested 300 rupees per month with 12% compound interest and after 20 years he got 3 lakhs rupees. 20 year back 300 rupees per month was a big amount. The money he got after 20 year is not valuable as compare to 20 year back. So I feel very long term investment is not a good idea because indian rupees is always falling. Instead you can invest some where else like land, gold. Choose your investment wisely.
Agriculture land near industrial area is the best option. Or buy plots in industrial area and make rental properties. This is best option for regular income.
राजस्थान सरकार ने ओल्ड पेंशन स्कीम GPF शुरू कर दी हैं। और SI STATE INSURANCE भी हैं। तो NPS, GPF, PPF, SI के बारे में एक compartive वीडियो जरूर दीजियेगा। हेल्थ के लिए RGHS Rajasthan Government Health Scheme है तो क्या Health Insurance लेना चाहिए या नहीं?
Me State government ka employee hu to krupaya karke govt employee ko NPS kaise fayda me hai is par video banavo. And TIER -I , TIER-II pe dedicated video banavo.
Few doubts :- 1. What if something happens to person before or after 60 years . 2.Pension received after 60years will be taxed on what bases ? He won’t be earning so he doesn’t fall under any tax slab . . Aap bhut aache se samjate ho . Thank u so much .
The video doesn't mention anything about the additional 50K NPS amount that can be exempted under 80CCD(1B).. would like to know how will that change the decision?
Nice Video Mandeep Ji. But still certain points not covered... like 1. What happens to Funds if Person die b4 60 years of age ? 2. What happens if person withdraw 60% of funds at 60 years of age & die ? 3. Is Nominee facility available ? Is nominee get the balanced funds ? Please revert.
NPS is good for Unemployment/self employed/private sector but This is hanikart for Govt employees Becoz Old pension scheme is best... Agr aaap ko itni he best lgti hai to ... NPS lagu kro... Politicians aur Indian Army ko b ... Why these two's are exempted from NPS ??????????
@@LabourLawAdvisor Ab bnd kr dia bahi... pehle marne tk pension milti the govt emp ko aur us k baad me bv ko ... lakin nps me apne he paise dia hua .. wapic pension milegaa ... matlab ...jaise he wo 10 ya 12 saal me ktm buda kis ki jaan ko royegaa... almost log govt sector ko isi lye chunte hain ta k wo budape ka sahara bn sake .. lakin BJP ne wo sahara chin lia
Sir I have two questions: 1) Agar pehle 5 saal bond/debt select kiya tha or 5 saal baad equity ki option select karli ....toh kya equity select karne ke pehle wala debt bond me invested amount bhi equity me daal diya jata hai ? 2) 60 ki age ke baad bina fix kiye nahi withdrawal kar sakte jaise 62 ya 65 ki age me ?
Hi LLA Team, I need your opinion on below queries: 1. If I opt for corporate nps account then what charges will be charged on my investment? 2. Is there any annual charge on nps corporate nps account? 3. Do we have any other way to invest in corporate nps account instead of POP ? Thanks in advance!
few quires with respect to opening NPS online. 1. what is the difference between individual and corporate subscriber in the eNPS site. 2. My org contribute to NPS so should I open account as corporate subscriber. 3. If I open account as corporate subscriber, will I be able to contribute as individual also. 4. What happens to this NPS account, if I leave my present organization
National Pension Scheme is designed to offer monetary help to a subscriber after retirement, it also offers certain death benefits. In case of death of a subscriber, the nominee/legal heir is entitled to withdraw the accumulated money.
Sir🙏 अगर 60 साल पुरा होने के बाद मे पेंशन लेता हू ओर पेन्शन लेते वक्त उसकी मौत होती है तो पेंशन का जो 40% पैसा रहता है तो उसकी पेंशन रहती है, तो ओ पैसा और पैसा नॉमिनी को मिलेगा या गवर्नमेंट के पास रहेगा.
Bhaiya, I checked & the tax deduction is 50k for voluntary contribution 10% of basic salary in voluntary deduction by employer & 1.5lkh for mandatory deduction from salary
I have withdrawn the amount of Rs.180000/- i.e. full amount on attaining 60 years of age. Can I again start investing? Will I get fresh PRAN or my old PRAN will continue?
Bhai chuna mat lagao yaha se partial withdrawal hota hai.....aur ye pension bhi nahi hai.... guarantee nahi deta jab 60 saal ke baad kis company ka kharidke konsi benigit milega
Wanted to know is their any Return's 💰 after my Death 💀 to my Family 👪 ...! For example my Death 💀 is at my 75 Years or before 60 Years. So my family 👪 get any Return's...?💰. In any form as Pension or Lumsum as nominated Name register in NPS. I know after 60 year of my age I will get Pension. What about Amount Invested in Annuity Plan, do my Family 👪 get after my Death 💀...?
There are different type of plans while taking pension. Either you get pension till your death then your nominee gets pension or you get pension till death and nominee gets lumpsum after your death etc
On the death of contributor before age of 60, a lumpsum amount be received by nominee, however after 60, there various scheme of annuity for pension offered by insurance companies, need to choose one among them..
There are 4 options available. Check Nps website. You,your wife even after death of you & your wife your children can get the only depends on which scheme you're choosing at time of taking annuity plan.
Pls. inform about: 1)circumstances when a person dies before 60 or at age of 61 or 62. Will his wife or children get Pension and for what period of time. What will happen to corpus. 2) Can we divert our sabings to Auto to Active frequently during year and how much time. 3) Pls update videos of Comparision of Returns Different Funds manager managimg same amount in NPS in last 5 years. 4)Pls give comparison with some example of Returns for same amount invested in NPS for Equity (30 %) +Corporate (30% and Govt (30%) OR 50% in EQUITY with 25%Corporate Bonds ans 25% Govt Bonds.
I have an NPS account which were opened when I am in Government sector , now I have switched to corporate sector now my contribution I think also stopped . I want to contribute now also but where should I go? But I wonder still I am getting an message of my NPSs statement . But I am contributing any thing Is any one can help?? I want to run my account smooth manner .
NPS से कोई रिटर्न नहीं मिलने वाला है । बेकार प्लान है। अच्छा होगा कि अपना पैसा सोच समज कर लगाए क्योंकि यह शेयर मार्केट पर आधारित है। झूठ कहते हैं कि इससे हाई रिटर्न मिलता है आज तक किसी को हाई रिटर्न मिली हो तो बताना जरूर।
Thanks for this knowledge, Just one question If total pension we received wil be 40% only afer age of 60 then if my yearly pension is below 5 lakhs then it will be considered as my only income source and i will be exempted from tax slap itself right?
Great content. Not only this but a lot more that I've watched and learned from so far. A BIG THANK YOU. Have 3 questions on this topic - would be obliged if you can answer these as I haven't found much satisfactory answers so far - Q1. What happens to the 40% annuity fund incase of death of the subscriber (obviously after 60 years of age)? Q2. What happens to the fund incase the subscriber passes away before 60 years of age? Also, is the tier 2 fund value taxed for the nominee? Q3. Is the defer option available for nominee after death of the subscriber incase the market conditions aren't that good to withdraw the lumpsum ? Appreciate if you can take out your time to please answer these. And hey, keep up the brilliant work that you're doing. It definitely feels illegal to access such quality content for free 😄
मेरा एक प्रश्न यह है कि मान लीजिए की 30 साल में मेरा कंट्रीब्यूशन अठारह लाख हो जाय और नियमानुसार मैं टोटल कॉर्पस का 60 परसेंट ना लूं बिल्कुल भी ना लूं तो मेरी पेंशन अठारह लाख के ऊपर बनेगी या फिर मुझे 60 परसेंट लेना ही होगा
I recently started researching about investment. And I liked how honest and lucid your content is. I have few doubts about investment in NPS Tier 2. 1. Is the equity portion is only invested in index funds by fund managers of NPS? 2. Can I use NPS tier 2 as an alternate of mutual funds for short term investment. let's say around 3 years. keeping the equity portion max out to 75%. 3. Can I use NPS tier 2 as alternate to savings account keeping the proportion to 0% equity and 100% govt. bonds. 4. Is the govt. bond folio in NPS similar to debt funds in mutual funds? I feel most of my questions are connected. Please answer it here or make a short video on 'Can tier 2 NPS be used as alternate to MF or savings account for medium to short term investments. Thanks
Thanks for the detailed video on NPS. I have one question. I was a Assam state govt employee( Assoc professor in a Medical College). I joined in 2012 and resigned in 2014.. I have a NPS account which was active when i was in the job but after resigning contribution stopped and since then it has been like that..Now how do I withdraw the amount or if i want to start again how do i go about it? Will i lose my money?
Suppose i die at age of 64, and after age 60 I am taking pension, so will my nominee get any amount? Can you please discuss it. Also, at the age of 60, will the pension start by itself or do I have to give some documents, in order to start my pension? Please help.. Thank you.
1. Can i open NPS account in paytm money app and pay via this or similar app, and make auto payment option every month in NPS? 2. How many time i can contribute per month / year? 3. Is paying at a time in the beginning of the year generate more interest than per month payment? 4. Can i invest variable amount each month?
Sir I have a doubt about NPS Tax exemption. If I only invest 50000 in NPS, then can I claim tax exemption Of 1.5 lakh through CPF & ELSS under section 80C and claim tax exemption of the amount I invested in NPS i.e. 50000 under under section 80CCD (1B)
Sir, please make a new updated video on NPS... Now the age limit has increased to 70 years Also, how will withdrawals work for people who are 60+ years old? Kindly make a new video on the same 🙏🏻
Pls make a video on why central govt employees and state govt employees are on NPS and why our ministers (all netaji's) are in old pension scheme.....Did you know that govt employees who are retiring opting burdened pension scheme(NPS of year 2004)are getting a pension of a very-very less amount as compared to OLD PENSION SCHEME.....
How NPS investment works? I mean , if we bought some units in first year, what will be their value in next upcoming years. Will it remain fixed or keeps on changing till age of 60?
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Ager ham bession karte hai or nps jama karte hai to kya jitna ham jama karenge utna hi sarkar jama karegi
Pls compare the advantages and disadvantages of investment in nps tier 2 comparing it with mutual funds..
Hi Sir,
Just need a suggestion.
My parents are 57 now, so shall I ask them to invest some amount in nps or not.
As only 3 yrs are remaining in nps entry.
Request you to please let me know
Sir in the premature exit, do we do need to wait for 60 years for pension or we get pension start with premature exit year onwards
Hi mandeep... I have 2 questions .. 1. Being a individual contributor of nps scheme.. can I invest more then 50k per year ?and is also exempt from tax ? 2. Can u tell me exit procedure of nps for individual contributor?will we have to go to POP physically to submit withdrawl form?
You guys should be given PadmaShri for educating India :) Your work is no less. I discovered your channel lately and I am watching all of your videos. God, I've missed so much.. I have learnt more from your videos than from my prof career of 7 yrs
Hats off to you guys!!!! Lots of respect and keep up the excellent and extra ordinary work. Thank you sooo much!
Sir.. Assume i start NPS tier-1 account today and do premature exit after 5 years. Assume my corpus is 1.5lakh (less than 2.5lakh limit) after 5 years. Now, i choose full amount withdrawal. So, this 1.5lakh amount withdrawn in premature exit is taxed as per my tax slab rate or it is tax free..? Please clarify..
I’m a private firm employee & i opened NPS 3 years back. My sole reason was to get additional tax benefit of ₹50k. NPS in India is similar to 401(k) plan in the US. Although my purpose of investing in NPS still remains the same, but I would suggest private firm employees in their 20’s to get a head start & open a NPS. With better medical facilities & per capita income, our life expectancy is gonna increase in the near future. After retirement a steady monthly income will make you less dependent on your children & live life tension free.
I invest in 401(k) here in the U.S. I am planning to open NPS in India. Unlike our parents, it worries me that when we retire, there won't be any govt. pension for us.
very true...... NPS is similar to 401K........... students, employees, etc are not actually told about NPS in India..... EPF is automated....... not sure how many elders know about it
@@thestoryofindia9357who in the US gets pension? Do you know cost of pensions?
@@thestoryofindia9357401 k
Means 4 lakh dollars
ok but MP and MLA should go with NPS !!!!!
This is the only video which explains virtually each and every functional aspect of NPS (Tier 1 + Tier 2) along with the tax implications. Thanks for creating this useful content !!!
NPS and Doubts plz comment 👇
th-cam.com/video/k3pPFsNEnX0/w-d-xo.html
आपसे एक निवेदन है कि आप Government employees के NPS और उनके रिटायरमेंट पर उनको क्या choose करना चाहिए इन सब की जानकारी जरूर दीजिए एक अलग से सेपरेट वीडियो आप इस पर बनाए ।
Govt employees to ghus khaa khaa kar pet kar bhar lete unhe pension plan kee kya jaroort
@@avnish.dixit_ Dear Avnish all are not the same
@@avnish.dixit_ Aisa nahi hota hai sir ji.
@@kripashankar9858 kuch ko chhod kar...Police, SDM, WAKEEL, kon nahi khata ye batao...UP me to sabse bade ghuskhor hain
@@avnish.dixit_ Aapki baat sahi hai lekin aap khud Maan rahe hain ki kuchh ko chhor kar. Isliye maine comment kiya ki aap jisko reply kar rahe hain, ghushkhor bol rahe hain vo imaandaar bhi to ho sakta hai
This is what i was searching for.
Thanks for information.
Its been 2 years since i opened my NPS account but wasn't aware of the true knowledge of it.
Good job.
Kya aap ne account khol liya????
Hello vivek
Could you please advise me something on nps please for better knowledge?
@@raushankumar-qg3jo yes am a govt. Employee. So it was mandatory.
@@deepasuwasiya349 yes ask i wll try
Can we increase or change the amount of contribution in NPS?
This is the first time I came across u channel n found all the information so valuable I just opened both nps and term I wish I had come across u channel sometime back 👍
Nice explanation on NPS features & its benefits. Can you also cover the impact/benefits in case of death/permanent disbility/permanent loss of income? What happens to the amount contributed in such cases?
Awesome video! Subway reference was too good :D A couple of questions around Annuity Plan - 1) For how many years do we have to take the annuity plan ? Or is it upto us to decide the duration since that will decide my monthly pension ? 2) At which tax rate will the pension income be taxable ?
Pension till death.There are four to types among annuity plans.
Pension will be taxable according to the income tax slab at that time
Hi @mandeep @rishabh. I have been binging all your playlists for the last 10 days and am almost done with more than 90 videos. I thoroughly enjoy them, which is evident as I took out the time to watch so many of these videos at 1.5x and also made notes. I just have one constructive feedback for you, so that future young people who would like to absorb good quality information quickly can be helped. The playlists efficiently groups the relevant videos, BUT, the order is not given. I had to many times go through the entire playlist, sometimes opening the wrong ordered video and then again identify the first one and open it. This is a very small request and has nothing to do with the thoroughly well-researched and amazing content. It can also be sorted easily if two people spend an hour each. Just a suggestion. Keep doing the amazing work. I love you guys for doing so. Cheers.
Hi mandeep,
After watch all your vidoe i have decided to invest in NPS but when I tried opening account I have to select different scheme, which is quite a task can u make a video for comparing all schemes and how to allocate and how to select all, how to change funds etc. Kind of a final video to actually like u did for zerodha investment.
Love ur content and dept of ur research.
इस आदमी ने मेहनत और शोध करके ये वीडियो बनाई हैं। 👍
First of all thanks for the informative video. You have 1 subscriber more from today onwards. Can you please clear the following remaining doubts:
Question 1) In case of death of beneficiary before 60, how much of the amount can be claimed?
Question 2) After age 60, when annuity scheme starts, if a person dies prematurely what amount can be claimed?
Manpreet bhai ki explain karne ki technique hi gazab hein. Clean and simple. Keep it up guys.
Great content LLA. I have few questions if you can answer them I will really appreciate.
1. What happens on demise of NPS subscriber?
2. Can I switch from Active choice to Auto choice?
3. Is there any app which we can use to check NPS activities like we have for Mutual funds like ET Money?
Answer:
1. Your nominee will get the amount.
2. Yes, but once or twice per year only.
3. Umang app. Can be used to see your account details.
Your Unique way of Presenting tough things in very easy way is much INVINCIBLE and impressive, keep posting Brother
Your videos are so clear to understand and very simple. Thanks for all the informative videos sir!
Wow apne kitne simple tarike se explain kia hai ki har insaan ko samjh aa jaye
hallo sir,
sir (central government employee) nps scheme के उपर 1 सेप्रेट video बनाई ये pls. क्युंकि आपने जैसे बताया 2 type acc. (teiar 1,2) ये choicess hume अपने account ki कौनसी है नही पता तो आप 1 वीडियो goverment employees NPS sheme पे बनाई ये.
धन्यवाद् 🙏🙏🙏
Good demand...expecting same
Aap ne bohot simple tarike se sab bataya hai. Apka vdo dekhne ke baad NPS kafi asani se samaz aaya. Dhanyawad. Ek hi request hai ek example deke samzaiye ki x amount y years ke liye bharne pe Kitna pension milega...
Great video. It would be really great if you can throw some light on which fund manager to choose for Tier 1. How to check their performance for the last 10 year (or more) across different class like Equity
This is my go-to channel for such topics. You and ur team are doing a great work. Kudos brother!
Thanks, I was not aware that I can get tax benefit beyond 50K by employer contribution. Apart from 80c. It's Tax part need more detail, as it's still confusing for lot.
Sir NPS doubts plz comment 👇
th-cam.com/video/k3pPFsNEnX0/w-d-xo.html
If you have exhausted 1.5 lakh limit for 80C, you can get an exemption of another 50k if you put money in Nps on your own, on top of it if your employer provides nps contribute facility you can put 10 percent of your basic in nps which will be tax free
Namskar Sir,
Kripya Medical Leave/Sick Leave topic par ek video baniye, jisme agar Medical Certificate submit nhi karte to kya action liye ja sakte hai.
OH&S ke purpose se kya view ho sakta hai?
I love your way, how you tell and make understand the terms. It is really much appreciated.
Thanks so much Sir.
Hi Sir,
I have a question regarding NPS employer contribution. I know you already made one video on NPS but it would be great if you can address how an individual can take maximum benefit of NPS. As far as I know NPS benefit are 50000 as tax exemption in 80 CCD(1). However, there is one more thing as NPS employer contribution which can be maximum of 10% of basic pay. So will it make the deduction over and above 2 lakh limit of 80C + 80 CCD(1). If yes, then how can I leverage my existing NPS pran to add employer contribution? if I have seperate PRAN for corporate NPS and my personal contribution then having more than one PRAN id is not valid or recommended by NPS authority which can cause problem. Please share your thoughts on this. Thanks in advance !
@LabourLawAdvisor hello, i have a question related to employer contribution only. Can the employer do the investment for employee in backdate, atleast for same financial year. I tried checking varioua FAQs even in Protean website, but no help.
Please advise.
Thanks in advance.
Amazingly covered content. I am so glab to be a subscriber of LLA.Just felt the need to know about NPS today and got complete information here. Hope whole process of NPS is same as it was 2 years ago (At the time of upload of this video).
Dear Mr. Gill, Thank you for the simplified and immensely helpful video. Could you clarify if a govt. employee can choose active choice, if so, how? Thanks. VS
Yes you can choose .With your pran noyou can make many other changes.Govt has no role accept their contribution.
Bhaii please 1 detailed video bna do NPS ke account opening and annual charges kii .. 👏👏
In current situation lot of govt employees r complaining to ban nps n start old pension scheme as after investing for more than 30 yrs in Nps they r hardly getting pension of rs1500 to 2000 because the pension amount is dependent on market condition.so what u have to say about that?is Nps still a good investment option as at the age of 60 a person doesn't want to get a pension of only rs1500
Yesssss ys ys you r right..
Aisa hi hota he last me sifr 1000 rs month aata he all amount uske pas raheta he hamri bachat k isase achha to fd me incom jayda hogi..
AAP thodi iski details jaano pehla,
1500 pension sirf usko milegi
Jisna poori life sirf approx 200000 h contribution Kia,
You must search NPS calculator
That will help you for some details
@@nakulsahore7934
Yes
Not true, 1500/2000 pension unhe mil rahi hai jinki sirf 6-8 saal ki service hai (baki wo contract pe the ,so actual employment tenure on government payroll is not more then 8 years). Of course usmai unka contribution he itna nahi hai ki koi pension ban paye. On the other hand agar koi 30 saal contribution karega to obviously usko accha return milega.
I would suggest you please search the facts and figures before coming to a conclusion. Search those Govt. employees amount of contribution, the number of years of contribution, the percentage invested in annuity etc. before making any comment. Surely, I believe that you will be in a better position. I know one uncle who worked in the private organization for the past 21 years, believe it or not, he is getting Rs 19580/- per month through NPS (he said it). He has other investments like RD, FD, SIP, Insurance as well. When I asked how he managed to do this, he simply replied, "Saving is an Art, Saab ki baas ki Baat Nahi hai. Long hail Warren Buffet". So, my friend, it is deemed to be difficult but not impossible.
20 साल निवेश करने के बाद आपको आपके जमा पैसे का 60%ही वापस मिलेगा और उसमें भी 30%टैक्स देना होगा। और पेंशन की बात करें तो आपके बचे हुए 40% पैसा यदि 500000 भी हुआ तो आपको पेंशन मुश्किल से 1000 ही मिलेंगे।
NPS lump sum is tax free means no 30% tax on 60% withdrawal and tax is only monthly pension income which is almost nil for senior citizen.
Nice explanation, have one doubt.
What if 40% amount is not utilised fully after retirement and the person dies, will the remaining money be transferred to beneficiary (if any) ?
I heard many you tuber, but nobody explained on this point
😄😄 I heard many TH-camr, but no body properly explaining on this poin
Clear your doubt NPS va OPS👇👇
th-cam.com/video/k3pPFsNEnX0/w-d-xo.html
बहुत अच्छी तरह समझाया आपने
Really good content. Really looking forward to more videos on NPS.
@Labour Law Advisor good job at young age of 25 seriously
One thing to keep in mind that NPS employer contribution is part of your ctc similar to PF. Very long term investment plan will never be helpful.
Real life example: My dad invested 300 rupees per month with 12% compound interest and after 20 years he got 3 lakhs rupees. 20 year back 300 rupees per month was a big amount. The money he got after 20 year is not valuable as compare to 20 year back. So I feel very long term investment is not a good idea because indian rupees is always falling. Instead you can invest some where else like land, gold. Choose your investment wisely.
Returns on gold is just 9.5 percent in the last 20 years
Agriculture land near industrial area is the best option. Or buy plots in industrial area and make rental properties. This is best option for regular income.
Bhai sab chutia bna rhe hai
Then according to inflation increase your contribution amount also. Then I feel we ll get more fund
राजस्थान सरकार ने ओल्ड पेंशन स्कीम GPF शुरू कर दी हैं।
और SI STATE INSURANCE भी हैं।
तो NPS, GPF, PPF, SI के बारे में एक compartive वीडियो जरूर दीजियेगा।
हेल्थ के लिए RGHS Rajasthan Government Health Scheme है तो क्या Health Insurance लेना चाहिए या नहीं?
Sir I am investing 50000/year what will be the maturity value after 23 years and what will be pension per month after 23 years?
Me State government ka employee hu to krupaya karke govt employee ko NPS kaise fayda me hai is par video banavo. And TIER -I , TIER-II pe dedicated video banavo.
What are the advantages/ disadvantages of opening NPS account through third party applications like ETmoney?
actually where is the best place to open NPS account ?
Few doubts :-
1. What if something happens to person before or after 60 years .
2.Pension received after 60years will be taxed on what bases ? He won’t be earning so he doesn’t fall under any tax slab . .
Aap bhut aache se samjate ho .
Thank u so much .
Nominee wii get 100% fund...tax free
The video doesn't mention anything about the additional 50K NPS amount that can be exempted under 80CCD(1B).. would like to know how will that change the decision?
I work in a nationalised bank and this video really helped me. Thank you.
Congratulations for 1M sub
Nice Video Mandeep Ji. But still certain points not covered... like
1. What happens to Funds if Person die b4 60 years of age ?
2. What happens if person withdraw 60% of funds at 60 years of age & die ?
3. Is Nominee facility available ? Is nominee get the balanced funds ?
Please revert.
I have opened NPS account last year...right now I am at a loss of 52%....NPS can be risky....if you allocate too much in equity
Minimum how much i can allocate on equity?
In the long term , you will get high returns.. don't worry
Who is your pension fund manager???
minimum is 0%, I am 33, so I allocated 75%, but it's a wrong decision, my pfm was sbi...then I changed it to hdfc, still no improvement.
@@srijantata
Long tarm me improve aia ga
Nps vs lic jivan umang bataye
Mere liye ye most important hai
NPS is good for Unemployment/self employed/private sector but
This is hanikart for Govt employees
Becoz Old pension scheme is best...
Agr aaap ko itni he best lgti hai to ...
NPS lagu kro... Politicians aur Indian Army ko b ... Why these two's are exempted from NPS ??????????
Last i checked, ab old pension scheme la account khul nhi pata, right?
@@LabourLawAdvisor Ab bnd kr dia bahi...
pehle marne tk pension milti the govt emp ko aur us k baad me bv ko ... lakin nps me apne he paise dia hua .. wapic pension milegaa ... matlab ...jaise he wo 10 ya 12 saal me ktm buda kis ki jaan ko royegaa... almost log govt sector ko isi lye chunte hain ta k wo budape ka sahara bn sake .. lakin BJP ne wo sahara chin lia
Brother 1no video he.. sub Kuch easy way me BATA diya Aapne... Thank a lot for awesome information...
Eagerly waiting for the calculation part in the next video from this series.
Sir I have two questions:
1) Agar pehle 5 saal bond/debt select kiya tha or 5 saal baad equity ki option select karli ....toh kya equity select karne ke pehle wala debt bond me invested amount bhi equity me daal diya jata hai ?
2) 60 ki age ke baad bina fix kiye nahi withdrawal kar sakte jaise 62 ya 65 ki age me ?
In normal annuity pension scheme,the contribution we made is given to the nominee on death. Is it applies to NPS too?
Hi LLA Team,
I need your opinion on below queries:
1. If I opt for corporate nps account then what charges will be charged on my investment?
2. Is there any annual charge on nps corporate nps account?
3. Do we have any other way to invest in corporate nps account instead of POP ?
Thanks in advance!
Bro agar insaan maar jaye before 60 thn what in NPS
Same question
Same question?
Money will be received by the investor's nominee
All of the money will be received by nominee or how much percentage.
All information related to NPS in one vdo
Thanks Sir
Sir do a video on Postal life insurance (PLI).
Sometimes make a video on postal life insurance
few quires with respect to opening NPS online.
1. what is the difference between individual and corporate subscriber in the eNPS site.
2. My org contribute to NPS so should I open account as corporate subscriber.
3. If I open account as corporate subscriber, will I be able to contribute as individual also.
4. What happens to this NPS account, if I leave my present organization
Hi sir. What if someone get died Before after Applying NPS .(Before age 60 and after age 60)
If possible please give example.
National Pension Scheme is designed to offer monetary help to a subscriber after retirement, it also offers certain death benefits. In case of death of a subscriber, the nominee/legal heir is entitled to withdraw the accumulated money.
Sir🙏
अगर 60 साल पुरा होने के बाद मे पेंशन लेता हू ओर पेन्शन लेते वक्त उसकी मौत होती है तो पेंशन का जो 40% पैसा रहता है तो उसकी पेंशन रहती है, तो ओ पैसा और पैसा नॉमिनी को मिलेगा या गवर्नमेंट के पास रहेगा.
Request a reply on this question
Looking for the answer 🙂
Good question
Nominee ko hi milega.. Kyun ki government ki koi bhi scheme ho death ko consider karke nominee ki provision hoti hi hai.
Plz clear?
In case of PSB bank employees, NPS is compulsory. Is it the same like explain here or functions differently.
Bhaiya, I checked & the tax deduction is
50k for voluntary contribution
10% of basic salary in voluntary deduction by employer &
1.5lkh for mandatory deduction from salary
Can I increase my contribution with time or anytime I want?
Yess u can
Subway wali baat bilkul sahi hai
I have withdrawn the amount of Rs.180000/- i.e. full amount on attaining 60 years of age.
Can I again start investing?
Will I get fresh PRAN or my old PRAN will continue?
Dear sir ! Can you suggest where is the best place to open NPS account ? With your experience ?
Bhai chuna mat lagao yaha se partial withdrawal hota hai.....aur ye pension bhi nahi hai.... guarantee nahi deta jab 60 saal ke baad kis company ka kharidke konsi benigit milega
Wanted to know is their any Return's 💰 after my Death 💀 to my Family 👪 ...!
For example my Death 💀 is at my 75 Years or before 60 Years. So my family 👪 get any Return's...?💰. In any form as Pension or Lumsum as nominated Name register in NPS.
I know after 60 year of my age I will get Pension. What about Amount Invested in Annuity Plan, do my Family 👪 get after my Death 💀...?
There are different type of plans while taking pension. Either you get pension till your death then your nominee gets pension or you get pension till death and nominee gets lumpsum after your death etc
On the death of contributor before age of 60, a lumpsum amount be received by nominee, however after 60, there various scheme of annuity for pension offered by insurance companies, need to choose one among them..
There are 4 options available.
Check Nps website. You,your wife even after death of you & your wife your children can get the only depends on which scheme you're choosing at time of taking annuity plan.
3:20 fund manager choice
Jis din NPS govt employees se hat jayge... Tb me 500k me daan kruga...by God
Matlab
@@anuragjaguri2585 mere kaine ka matlab... NPS hat k OPS aani chaye... Agr aisa ho jaye to ... Me 500000 Daaan kr duga
How NPS differ from the old pension scheme [General Provident Fund (GPF)]?, a comparative video of GPF vs NPS will be helpful
Sir, see the different 👇👇👇
th-cam.com/video/k3pPFsNEnX0/w-d-xo.html
Remaining 40% amount ka keya hoga after death of employees.
Given to nominee
In the pocket of govt
Pls. inform about: 1)circumstances when a person dies before 60 or at age of 61 or 62. Will his wife or children get Pension and for what period of time. What will happen to corpus.
2) Can we divert our sabings to Auto to Active frequently during year and how much time.
3) Pls update videos of Comparision of Returns Different Funds manager managimg same amount in NPS in last 5 years.
4)Pls give comparison with some example of Returns for same amount invested in NPS for Equity (30 %) +Corporate (30% and Govt (30%)
OR 50% in EQUITY with 25%Corporate Bonds ans 25% Govt Bonds.
I have an NPS account which were opened when I am in Government sector , now I have switched to corporate sector now my contribution I think also stopped .
I want to contribute now also but where should I go?
But I wonder still I am getting an message of my NPSs statement . But I am contributing any thing
Is any one can help?? I want to run my account smooth manner .
bro why left govt sector ?
@@heyitsvibz I am on contract bro pls answer my query if u or any body have answer......
Please make a video on pension fund schemes by various fund houses and a comparison with NPS.
You haven’t talked about the nominee’s.
I have two queries:
1. Is is mandatory for the employer to contribute to the NPS fund?
2. What is tier-2 account, and what are its functionalities?
NPS से कोई रिटर्न नहीं मिलने वाला है । बेकार प्लान है। अच्छा होगा कि अपना पैसा सोच समज कर लगाए क्योंकि यह शेयर मार्केट पर आधारित है। झूठ कहते हैं कि इससे हाई रिटर्न मिलता है आज तक किसी को हाई रिटर्न मिली हो तो बताना जरूर।
Thanks for this knowledge,
Just one question
If total pension we received wil be 40% only afer age of 60 then if my yearly pension is below 5 lakhs then it will be considered as my only income source and i will be exempted from tax slap itself right?
Thankyou sir
AAP JAKAR MILA MERE KO NPS KA ASALI VIDEO
Great content. Not only this but a lot more that I've watched and learned from so far. A BIG THANK YOU. Have 3 questions on this topic - would be obliged if you can answer these as I haven't found much satisfactory answers so far -
Q1. What happens to the 40% annuity fund incase of death of the subscriber (obviously after 60 years of age)?
Q2. What happens to the fund incase the subscriber passes away before 60 years of age? Also, is the tier 2 fund value taxed for the nominee?
Q3. Is the defer option available for nominee after death of the subscriber incase the market conditions aren't that good to withdraw the lumpsum ?
Appreciate if you can take out your time to please answer these. And hey, keep up the brilliant work that you're doing. It definitely feels illegal to access such quality content for free 😄
NPS and superannuation sceam me kya difference he ....sir ???
Me sarkary karmchari hu or meri pay 10% katta he
मेरा एक प्रश्न यह है कि
मान लीजिए की 30 साल में मेरा कंट्रीब्यूशन अठारह लाख हो जाय और नियमानुसार मैं टोटल कॉर्पस का 60 परसेंट ना लूं
बिल्कुल भी ना लूं तो मेरी पेंशन अठारह लाख के ऊपर बनेगी या फिर मुझे 60 परसेंट लेना ही होगा
Sir nps me monthly premium -3000 hai to 20 year ka thoda calculations vedio banaye please
Kindly make video for ATM Installation process
अटल पेशन योजना का भी वीडियो बनाये
Aane hi wala hai
Make changes in nps like upto 100% equity investment, within equity option of small/mid/large cap allocation.
I recently started researching about investment. And I liked how honest and lucid your content is.
I have few doubts about investment in NPS Tier 2.
1. Is the equity portion is only invested in index funds by fund managers of NPS?
2. Can I use NPS tier 2 as an alternate of mutual funds for short term investment. let's say around 3 years. keeping the equity portion max out to 75%.
3. Can I use NPS tier 2 as alternate to savings account keeping the proportion to 0% equity and 100% govt. bonds.
4. Is the govt. bond folio in NPS similar to debt funds in mutual funds?
I feel most of my questions are connected. Please answer it here or make a short video on 'Can tier 2 NPS be used as alternate to MF or savings account for medium to short term investments.
Thanks
Thanks for the detailed video on NPS. I have one question. I was a Assam state govt employee( Assoc professor in a Medical College). I joined in 2012 and resigned in 2014.. I have a NPS account which was active when i was in the job but after resigning contribution stopped and since then it has been like that..Now how do I withdraw the amount or if i want to start again how do i go about it? Will i lose my money?
Thank you Madeep Sir,for sharing such important information.Take care
Suppose i die at age of 64, and after age 60 I am taking pension, so will my nominee get any amount? Can you please discuss it. Also, at the age of 60, will the pension start by itself or do I have to give some documents, in order to start my pension? Please help.. Thank you.
1. Can i open NPS account in paytm money app and pay via this or similar app, and make auto payment option every month in NPS?
2. How many time i can contribute per month / year?
3. Is paying at a time in the beginning of the year generate more interest than per month payment?
4. Can i invest variable amount each month?
Very good explanation. Thanks
Can you please make video on Annuity Plan (40% of NPS) , want to understand about this.. Thanks in Advance.
Government employees ko retirement ke baad 1500, 2000₹ ki pension mil rhi h??
Kya acha h NPS???
Nps is a blunder
Sir I have a doubt about NPS Tax exemption. If I only invest 50000 in NPS, then can I claim tax exemption Of 1.5 lakh through CPF & ELSS under section 80C and claim tax exemption of the amount I invested in NPS i.e. 50000 under under section 80CCD (1B)
Sir, please make a new updated video on NPS...
Now the age limit has increased to 70 years
Also, how will withdrawals work for people who are 60+ years old?
Kindly make a new video on the same 🙏🏻
Very good and complete info on nps. Thank you so much!
Superb 👍👍 Perfect 👍👍 knowledgeable video . Thank you sir 🙏🙏🙏🙏🙏🙏
Ups and nps after retirement kitna pension milega uska calculation please eke vide
Pls make a video on why central govt employees and state govt employees are on NPS and why our ministers (all netaji's) are in old pension scheme.....Did you know that govt employees who are retiring opting burdened pension scheme(NPS of year 2004)are getting a pension of a very-very less amount as compared to OLD PENSION SCHEME.....
How NPS investment works? I mean , if we bought some units in first year, what will be their value in next upcoming years. Will it remain fixed or keeps on changing till age of 60?