I have been serving in CG for more than 5yrs. I changed the scheme preference to 50% auto choice immediately after joining. Currently returns are 13.55 as of today.
Sir please address 3 issues 1. Investment choice can be changed 4 times in a FY, can you tell is there any time gap between two ? Can we change 4 times in a quarter ? 2. How to change from CG or SG or PSU Corporate category to Active investor ? 3. Any deficiencies in present pattern of NPS you think that should be modified to make it better ? Your point of view. Please sir
The Irony : People stopped PPF contributions bcoz of 15 year lock in period. And now they have started NPS contributions JUST to save tax, but they get lock in period of 30 to 35 years, depending on age.
Every investment vehicle has a purpose. NPS or even PPF from the earlier years are meant for retirement. So the amount one invests should be the amount that they intend to withdraw at retirement or during any emergency. If you intend to withdraw or book profits from your investments more regularly, there are other investment options.
Govt employees are still not given Active choice. Even the Passive (aggressive) is not available. Only passive (moderate) & passive (conservative) are available
@@ketavatkirankumar fair enough. This can be made optional. One who wants to take risk and generate higher return can’t do so at this moment as the option is not available.
@@ziko640 instead what should they do is what ever investment we do upto 15% income and nps as in old tax system should be tax free at the time of investment.. that's enough no need of rebate and standard deduction..and no tax till 8 lakhs . because EWS is given under 8l
Considering inflation the amount that we get per month will be peanuts, it better to invest same amount in a small cap funds and "Not touching it till rerirement!" and can start SWP when we want to retire.
You should have also added the info related to what happens if the person passes away. Will the nominee be paid the rest of the money? is it taxable? Will they be entitles to take pension?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
What impresses me most about Michelle Stewart is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
Annuity should be made optional. And annuity investors should be provided higher rate of interest. Gov shouldn't make it mandatory unless there are any additional benefits.
Nailed it. Exactly how I always felt about this worthless NPS 'scheme' Govt rammed down the throat of its employees. It does not have liquidity, options, return, security or even inflation-proof pension for that matter. It stands no chance in financial market other than helpless employees forcefully contributing to bloat the gains of a few scamster annuity providers.
It's different for Govt Employees. For example we can't change share of Equity. We are put in default choice only. Further we can't change fund manager too. Please make a dedicated video on NPS for govt employees.
Please make a video about NPS tier 1 and Tier 2 account amount withdrawal charges and also about annual maintenance charges of NPS Account and also make a proper withdrawal video about NPS Tier 2 Account.
Good video. Can you also touch upon the difference between employee and employer contribution of nps. There is no clear clarity on the tax saving and premature withdrawal part for both
@@eprabhat Thanks. And on the tax front from investment perspective. Is 10% of basic salary exempted from taxation for employee contribution. However big it is. For example, if my 10% of basic is 2.5 lakhs. I will get a tax exemption of 1.5 L(80c) + 50k(80ccd1) + 2.5L(80ccd2 - employer contribution). Even my CA is saying the total limit will be just 1.5L. So, I am confused.
@@balajiradhakrishnan3400you will get the tax benefit of 1.5L+50k+2.5L So total it would be 4.5L. I am claiming the same benefit for past 2 years now.
Hi, there are 3 tax benefits in NPS which a Corporate Subscriber can get. Who is a corporate subscriber? Answer is a nps subscriber who shift or join NPS to their company/corporate account so that 10% od their basic salary is invested to nps account on monthly basis. 3 tax benefits are - a) u/s 80 C - Limit is 1.5 lacs, mostly it gets fulfilled with employee pf, insurance etc. b) u/s 80 C 1 B - this sec is exclusively for nps, limit is 50k. Now both 80c & 80c1b are for individual contribution, it means contribution towards NPS account from your own bank account. c) u/s 80 C 2D - here in this sec your contribution of 10% of (basic+DA) salary through your employer is tax exempted. Limit for this is 7.5 lacs which includes employer PF, employer NPS & superannuation fund. Corporate subscriber can get benefits of all 3 tax benefits in old tax regime. And only of 80C2D - 10% of Basic+DA salary in New Tax Regime. You can connect with me on WhatsApp for more info on NPS by using this link - wa.link/sp7rjh
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage the service of experts who provide proper strategies to navigate the markets
Building a good investment portfolio is more complex so l would recommend you seek Theresa Walton's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
What I appreciate about Ma'am Theresa is the ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly
Her technical analysis is excellent and her interpretation/projections of the market are so accurate I sometimes ask myself if she is human 😂 . The point is, that theresa is the perfect trader to follow for advice and daily signals.
Good video. But can you explain what happens to the annuity after the death of the subscriber. It goes to the nominee as a monthly pension or lump sum given?
The fees/charges in NPS are not very clear. Though this is a low-cost fund management option, I see there are a lot of deductions whenever we contribute monthly to this fund. How that is getting effected on the final contribution. Can you make a video about the cost of NPS?
Contribute through the NPS trust website only, if you use ET money, paytm or any bank , you have to pay the intermidatory charges. One more thing, it is better to use your time to solve problem instead of commenting. I did it for ur benefit
@@shivkumarb150 I'm not sure about it. In most of the cases the deduction is not in terms of money but cancellation of units which makes it hard to understand how much money has been deducted
Thank you for such an informative video team. Can you please provide reference to Point 5 in "Other noteworthy changes" ? It would be of much help. Thank you!
It's a nice video...but please make a video on taxation of withdrawal from NPS Tier 2...if someone withdrawal money from Tier 2...how it will be taxed ? Will it be as per income tax slab or it will be capital gain tax..please enlight on this area..
Hello sir, Thanks for the detailed explanation, Request you to answer one quest: I am completimg 10 years of NPS investment in private sector, and planning to prematurely Exit at age of 45. I understand 80% of my corpus will go to annuity purchase, so will i get annuity pension pay back every month immediately from the age 45 itself or only at age 60 it starts. Kindly clarify. Thanks in advance!
One question: If let's say we have an active choice (75 equity, 15,10), and invest 100 rupees into Tier 1. After 1 year, assuming 40% growth in equity, and 10 % in the other two asset classes, the total value of trh fund would b 75x 1.4 + 25 x 1.1 = 132.5. Will this total sum be readusted to be 75, 15, 10 again, or will they grow parallely?
plz make a seperate video for goverment employees . we have standard option instead of active n auto ? can you elaborate that? also why cant we allot 75% in equity ? is there capping of 50% for gov employees?
Brother Superb...Want to Know if I change the Ratio of Equity (currently 50%), corporate debt, government bond and AIF...from LC50 - Moderate Life Cycle Fund to Maximum Equity 75% . how it will happen and what will be effect it will be from Current Period or changes will be from earlier investment also
Hi, nothing pleases us more than knowing that our content proved useful to our viewers. Do take out time to share it with your near and dear ones as well.
Even though Marathi is my mother tongue, after watching this I got to know the pronunciation difference between the words. I never observed it before.😅
Nice video with all necessary advancements explained. NPS seems to be the best Govt backed avenue today and in future with many such favorable advancements in the pipeline. Also helpful in tax savings for salaried individuals.
Hi, nothing pleases us more than knowing that our content proved useful to our viewers. Do take out time to share it with your near and dear ones as well.
How are gains from Tier 2 NPS taxed during redemption?? Is it taxed like an equity fund (10%) or like the old dept fund (20%) with indexation benefit or as per income tax slab??
Hello, there is limited clarity on the taxation of the Tier II account. One practice is to tax the gains as per the applicable slab. Please consult a tax advisor for more information.
I am employed at Chhattiagarh State Power Company and my company has opted Only one Fund manager. When I'm trying to switch to another fund manager it doesn't allow me citing my employer has selected the same for all employees. My query is can I switch my fund managers??
Thanks a lot for the info.. I have subscribed to NPS and regularly investing in it for the past 3 years via ETMoney itself...could you please tell me if ETMoney has option to select multiple fund managers for each category as well or it has to be done from NPS website or so? Also, the SLW option seemed interesting - can we opt for it via ETMoney at the moment??
Have the same question, and also is it better to do nps myself via ETmoney or in other words, benefits of applying for additional nps that my employer is offering with hdfc??
Cannot withdraw till 60 years of age, 40% for annuity, no guarantee for return. If I can’t use the money when and how I want to use it then whose money is it? I’ll pay tax but I want control.
Can a public sector bank employee choose the following things in nps or whether its fixed for them: 1. The fund manager for each asset class 2. The asset allocation (equity and debt)
Please confirm one thing. Is it mandatory to transfer money from tier II to tier I once I am 60? Or can just continue my NPS tier I account after taking annuity and defer lump sum withdrawal and then transfer money from tier II to tier I and then take advantage of SLW, so that I don’t have to waste my money by taking annuity on the money I save in NPS II account
When I opened my nps account last month, it wasn't giving the option to choose different fund managers for the different categories as E, C and G.... Had to choose one fund manager for all
Hi, nothing pleases us more than knowing that our content proved useful to our viewers. Do take out time to share it with your near and dear ones as well.
Interest on annuity corpus is less than fixed-deposit, in fixed-deposit one can get the whole money whenever they want, then why someone consider to invest for annuity?
Plz tell can state govt employee opt or change to active investment strategy?Last time i tried to change they said its not available for state govt. Employees
SIR, I AM WORKING IN NAVY SINCE 1999 I AM ELIGIBLE FOR FOR OLD PENSION SCHEME, BUT NOW I WANT TO INVEST IN NPS TIER1 FOR GETTING TAX BENIFICIAL, MY QUESTION IS CAN I GET NPS PENSION AFTER COMPLETION OF MY AGE 60 YRS ALONG WITH MY EXISTING OLD PENSION. PLS CLARIFY MY DOUBT .
I have a query on tax. For ex: I invest 1 lakh in nps tier 2 and i get 1,10,000 within a year. In that I invest the 10000 in nps tier 1 and reinvest the 1 lakh in tier 2. If I do this can I avoid tax on the capital gains. Can u please clarify.
Excellent presentation for NPS till date 🎉🎉 Kudos to the ET team!!
Hello, we are happy to know that you found this video useful. Please share it with your friends and family as well and help spread the word.
And I am Central govt employee for last 10 yr ...nps return rate is 8.5 ...so stop day dreaming of 12.5
True…mine 8.65
It also depends on how much %age allocation to equity, if you have large portion for equity you will get higher return
I have been serving in CG for more than 5yrs. I changed the scheme preference to 50% auto choice immediately after joining. Currently returns are 13.55 as of today.
Mine 22% per anum
If you use aggressive it will be high or lower depending on the risk
Sir please address 3 issues
1. Investment choice can be changed 4 times in a FY, can you tell is there any time gap between two ? Can we change 4 times in a quarter ?
2. How to change from CG or SG or PSU Corporate category to Active investor ?
3. Any deficiencies in present pattern of NPS you think that should be modified to make it better ? Your point of view.
Please sir
Only change I am expecting from NPS is to make cut-off time 9:30 to 2 PM like it is for mutual funds. In that way we can get benefit of dips.
पता नही कब होगा
LoL.
Unless you invest in crores, dips in nav don't matter.
@@omprakashbaruah9425 I know, it wont make a big difference but if it can be done in MF why not in NPS.
Hi can you help me understand if the d remit needs to be initiated at the time when one starts an nps account?
Excellent ! Tax free SLW withdrawals are just like hassle free monthly pension
but that is not a good choice as your money will not grow. atleast put them in a FD you ill et 7% return on it
@@jishnu18 It should grow as I think it will stay invested, similar to SWP in mutual funds
@@jishnu18 i think it will work like SWP of mutual funds with additional tax free nature
@@abhishekpurwar9932 it will only be on minimal returns
Who will buy then Anil Ambani junk Reliance Annuity
Its too simple to understand thanks for the explaination
I activated my virtual id after watching this video's, thank you ET Money team
Hi, glad to know that you found this video helpful. Please don’t forget to share it with your friends and family.
The Irony :
People stopped PPF contributions bcoz of 15 year lock in period.
And now they have started NPS contributions JUST to save tax, but they get lock in period of 30 to 35 years, depending on age.
Every investment vehicle has a purpose. NPS or even PPF from the earlier years are meant for retirement. So the amount one invests should be the amount that they intend to withdraw at retirement or during any emergency. If you intend to withdraw or book profits from your investments more regularly, there are other investment options.
I stopped PPF 3-4 years ago after they stopped increasing interest based on inflation, not coz of lock-in
@@gustavofring111 where do you invest now
Lockin is 7 yrs
But asset class is different. NPS allows 75% equity allocation, and equity has historically given much better returns than PPF over the long term
Govt employees are still not given Active choice. Even the Passive (aggressive) is not available. Only passive (moderate) & passive (conservative) are available
But for govt employees some money is also invested by govt which is not the case with private job employees.
Because. If we lose money .we blame govt..
@@amitmahey3706 that’s because after retirement no pension will be given. This is why govt makes contribution.
@@ketavatkirankumar fair enough. This can be made optional. One who wants to take risk and generate higher return can’t do so at this moment as the option is not available.
@@ziko640 instead what should they do is what ever investment we do upto 15% income and nps as in old tax system should be tax free at the time of investment.. that's enough no need of rebate and standard deduction..and no tax till 8 lakhs . because EWS is given under 8l
Please do a separate video of nps for government employees as we are not having a choice to change our equity allocation
you can change as per your choice. I think two times a year change is allowed. I have changed it to HDFC on my own
Hello, thanks for your suggestion. Will share it with the content team.
@@chandankumarr Central government employee equity 75% possible????
@@gokulrock1526sorry. I have no idea about that
Please tell me how to change allocation of equity for government employees
The intro music reminds me of Turning Point on Doordarshan. Great video, btw.
Hi, glad to know that you found this video helpful. Please don’t forget to share it with your friends and family.
Considering inflation the amount that we get per month will be peanuts, it better to invest same amount in a small cap funds and "Not touching it till rerirement!" and can start SWP when we want to retire.
small cap funds are NOT for retirement. They are high risk investments.
Good video and helps a lot to understand NPS. Can you please do with contents of understanding the returns for existing NPS holders
You should have also added the info related to what happens if the person passes away. Will the nominee be paid the rest of the money? is it taxable? Will they be entitles to take pension?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
What impresses me most about Michelle Stewart is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
Isn't that the same Mrs Michelle Stewart that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
I'm new at this, please how can I reach her?
Annuity should be made optional. And annuity investors should be provided higher rate of interest. Gov shouldn't make it mandatory unless there are any additional benefits.
Nailed it. Exactly how I always felt about this worthless NPS 'scheme' Govt rammed down the throat of its employees. It does not have liquidity, options, return, security or even inflation-proof pension for that matter. It stands no chance in financial market other than helpless employees forcefully contributing to bloat the gains of a few scamster annuity providers.
P in NPS stands for pension
@@Ex-Introverts NPS is a pension scheme only for name sake.
If annuity is made optional then the expense ratio of nps will be high. By annuity only these fund houses make profit
@@jishnu18 reasonable expense ratio is better than mandatory annuity. Currently NPS schemes are anyway managed like passive funds
What is best for govt employees????
Make a video on these issues.
Hello, thanks for your suggestion. Will share it with the content team.
What are the entire charges of NPS.kindly brief about the charges.
Thanks for making video on NPS.
Is it possible to
1.change invest from Auto to active in NPS?
2. Chage fund manger in equity ?
Yes only if you are private and not a govt employee
It's different for Govt Employees. For example we can't change share of Equity. We are put in default choice only. Further we can't change fund manager too. Please make a dedicated video on NPS for govt employees.
Govt employees can also choose fund manager and scheme.
@@madhurralhan5941 not in J&K
Hello, thanks for your suggestion. Will share it with the content team.
Simply superb explanation 👌
Glad to know that you found this video helpful. Please don’t forget to share it with your friends and family.
Please make a video about NPS tier 1 and Tier 2 account amount withdrawal charges and also about annual maintenance charges of NPS Account and also make a proper withdrawal video about NPS Tier 2 Account.
Good video. Can you also touch upon the difference between employee and employer contribution of nps. There is no clear clarity on the tax saving and premature withdrawal part for both
@@eprabhat Thanks. And on the tax front from investment perspective. Is 10% of basic salary exempted from taxation for employee contribution. However big it is. For example, if my 10% of basic is 2.5 lakhs. I will get a tax exemption of 1.5 L(80c) + 50k(80ccd1) + 2.5L(80ccd2 - employer contribution). Even my CA is saying the total limit will be just 1.5L. So, I am confused.
@@balajiradhakrishnan3400you will get the tax benefit of 1.5L+50k+2.5L So total it would be 4.5L. I am claiming the same benefit for past 2 years now.
@@balajiradhakrishnan3400employee contribution exemption 1.5L(80C)+ 50k(80CCD1B). Employer contribution is fully exempt.
@balajiradhakrishnan3400 even I am stuck with same confusion ? If you get better understanding pls do share. Thanks.
Hi, there are 3 tax benefits in NPS which a Corporate Subscriber can get. Who is a corporate subscriber? Answer is a nps subscriber who shift or join NPS to their company/corporate account so that 10% od their basic salary is invested to nps account on monthly basis.
3 tax benefits are -
a) u/s 80 C - Limit is 1.5 lacs, mostly it gets fulfilled with employee pf, insurance etc.
b) u/s 80 C 1 B - this sec is exclusively for nps, limit is 50k.
Now both 80c & 80c1b are for individual contribution, it means contribution towards NPS account from your own bank account.
c) u/s 80 C 2D - here in this sec your contribution of 10% of (basic+DA) salary through your employer is tax exempted. Limit for this is 7.5 lacs which includes employer PF, employer NPS & superannuation fund.
Corporate subscriber can get benefits of all 3 tax benefits in old tax regime.
And only of 80C2D - 10% of Basic+DA salary in New Tax Regime.
You can connect with me on WhatsApp for more info on NPS by using this link - wa.link/sp7rjh
Very well explained sir ❤
If you could please explain only Corporate NPS in details with calculations that will be great 😊
Thanks
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage the service of experts who provide proper strategies to navigate the markets
Building a good investment portfolio is more complex so l would recommend you seek Theresa Walton's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
What I appreciate about Ma'am Theresa is the ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly
Her technical analysis is excellent and her interpretation/projections of the market are so accurate I sometimes ask myself if she is human 😂 . The point is, that theresa is the perfect trader to follow for advice and daily signals.
Sincerely speaking. I will continue to trade and stick to her daily signals and guides as long as it works well for me
The fact that I got to learn and earn from her program is everything to me. think about it, it's a win-win for both ways.
Good video. But can you explain what happens to the annuity after the death of the subscriber. It goes to the nominee as a monthly pension or lump sum given?
For spouse monthly pension
For kids lump sump return
After introduction of SLW, what the need of Annuity? Hope 100% withdraws can be possible via SLW soon.
Annuity is to pass your wealth to your next generation, so that you would remain in their happy memories..
The fees/charges in NPS are not very clear. Though this is a low-cost fund management option, I see there are a lot of deductions whenever we contribute monthly to this fund. How that is getting effected on the final contribution. Can you make a video about the cost of NPS?
So many charges indeed. Very sad
Contribute through the NPS trust website only, if you use ET money, paytm or any bank , you have to pay the intermidatory charges. One more thing, it is better to use your time to solve problem instead of commenting. I did it for ur benefit
If you check the whole amount deducted for a year it is not more than ₹300. It's ok for that cost
@@shivkumarb150 I'm not sure about it. In most of the cases the deduction is not in terms of money but cancellation of units which makes it hard to understand how much money has been deducted
What are the NPS trust websites with minimal charges.
Thank you for such an informative video team. Can you please provide reference to Point 5 in "Other noteworthy changes" ? It would be of much help. Thank you!
Sir it's my humble request plzzz make video on how can a government employees maximize it's nps returns?
It's a nice video...but please make a video on taxation of withdrawal from NPS Tier 2...if someone withdrawal money from Tier 2...how it will be taxed ? Will it be as per income tax slab or it will be capital gain tax..please enlight on this area..
It is not clear but people consider it as ltcgt
Please could you do a video on partial withdrawal in NPS with complete procedure...
Hello, thanks for your suggestion. Will share it with the content team.
Hello sir, Thanks for the detailed explanation, Request you to answer one quest: I am completimg 10 years of NPS investment in private sector, and planning to prematurely Exit at age of 45. I understand 80% of my corpus will go to annuity purchase, so will i get annuity pension pay back every month immediately from the age 45 itself or only at age 60 it starts. Kindly clarify. Thanks in advance!
One question: If let's say we have an active choice (75 equity, 15,10), and invest 100 rupees into Tier 1. After 1 year, assuming 40% growth in equity, and 10 % in the other two asset classes, the total value of trh fund would b 75x 1.4 + 25 x 1.1 = 132.5. Will this total sum be readusted to be 75, 15, 10 again, or will they grow parallely?
Tell politicians to surrender their OPS with effect from 2004 and come under NPS. Stop fooling us.
Good insights about NPS. best Tax saving option
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plz make a seperate video for goverment employees . we have standard option instead of active n auto ? can you elaborate that? also why cant we allot 75% in equity ? is there capping of 50% for gov employees?
Yes, govt employees can contribute either in lc50 or lc 25 only
Hello, thanks for your suggestion. Will share it with the content team.
Hi ET team. Wish to seek a clarity. When should one needa to open a d remit account?
Brother Superb...Want to Know if I change the Ratio of Equity (currently 50%), corporate debt, government bond and AIF...from LC50 - Moderate Life Cycle Fund to Maximum Equity 75% . how it will happen and what will be effect it will be from Current Period or changes will be from earlier investment also
Please make comparision video of NPS ,PPF & KVP.
Hello, thanks for your suggestion. Will share it with the content team.
Good work by ET money team and excellent presentation 👌
Hi, nothing pleases us more than knowing that our content proved useful to our viewers. Do take out time to share it with your near and dear ones as well.
Very nicely explained 👍 enjoyed watching and got updated.
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Please make a video with examples of SLW system and the transaction charges one has to bear alongwith tax benefits.
Even though Marathi is my mother tongue, after watching this I got to know the pronunciation difference between the words. I never observed it before.😅
Nice video with all necessary advancements explained.
NPS seems to be the best Govt backed avenue today and in future with many such favorable advancements in the pipeline. Also helpful in tax savings for salaried individuals.
Hi, nothing pleases us more than knowing that our content proved useful to our viewers. Do take out time to share it with your near and dear ones as well.
How are gains from Tier 2 NPS taxed during redemption?? Is it taxed like an equity fund (10%) or like the old dept fund (20%) with indexation benefit or as per income tax slab??
I think nothing is clear on that and hence you must.presume it is taxed as long term.debt
@@anuragbansal4750 you mean like old dept fund (with indexation)
Hello, there is limited clarity on the taxation of the Tier II account. One practice is to tax the gains as per the applicable slab. Please consult a tax advisor for more information.
I am employed at Chhattiagarh State Power Company and my company has opted Only one Fund manager. When I'm trying to switch to another fund manager it doesn't allow me citing my employer has selected the same for all employees. My query is can I switch my fund managers??
Good video, could you please cover more details on the alternative investment in NPS, how to opt for it and the benefits of it
Hello, thanks for your suggestion. Will share it with the content team.
Thankyou for sharing. Very helpful
Hello, we are happy to know that you found this video useful. Please share it with your friends and family as well and help spread the word.
Thanks a lot for the info..
I have subscribed to NPS and regularly investing in it for the past 3 years via ETMoney itself...could you please tell me if ETMoney has option to select multiple fund managers for each category as well or it has to be done from NPS website or so?
Also, the SLW option seemed interesting - can we opt for it via ETMoney at the moment??
I have done that in NPS site, selected different Fund manager for different categories.
Have the same question, and also is it better to do nps myself via ETmoney or in other words, benefits of applying for additional nps that my employer is offering with hdfc??
@@stillwatersnightsky6533 it is same in all platforms, there are no differences, you can select any fund manager from any platforms.
Useful information
Thanks for very useful information Sir 👍
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Cannot withdraw till 60 years of age, 40% for annuity, no guarantee for return.
If I can’t use the money when and how I want to use it then whose money is it?
I’ll pay tax but I want control.
Can a public sector bank employee choose the following things in nps or whether its fixed for them:
1. The fund manager for each asset class
2. The asset allocation (equity and debt)
Please confirm one thing. Is it mandatory to transfer money from tier II to tier I once I am 60? Or can just continue my NPS tier I account after taking annuity and defer lump sum withdrawal and then transfer money from tier II to tier I and then take advantage of SLW, so that I don’t have to waste my money by taking annuity on the money I save in NPS II account
Excellent video with clear explanation 👏
Hello, thanks for your kind words. Please help spread the message by sharing this video with your friends and family.
Plz make a vedio how can we change allocation % in NPS TIER 1
How I can transfer my existing NPS from cams to proton ?
NPS Should cover some life risk coverage also, since it is long time investment
What do you mean by life risk? is it unfortunate event of untimely death?
Then life insurance is there to take care of this aspect.
SLWP is dangerous when market is down as we will be withdrawing principal amount
Rather than investment in nps , i would like to invest in mutual fund because this is what they do with our money in nps.
Hi, I have an existing NPS account. Can that I can manage from ETMoney App?
75 % Equity allocation for non government employee contribution. government employee can invest only 50 % through LC50 (auto choice)
Central government employee can change equity 75% , ????
@@gokulrock1526 no
Gr8 presentation
Sir u never mentioned anything about nps model for govt employees..!!
When I opened my nps account last month, it wasn't giving the option to choose different fund managers for the different categories as E, C and G.... Had to choose one fund manager for all
Can a govt employee choose active choice????
Answer me please!!
Govt employees er maximum equity allocation 50% er beshi kora jay na
Sir if the applicant died,with in 60 years what are the benefits for nominee.please enlighten.
Can we increase/decrease the monthly subscription amount in NPS??
Great video, keep it up
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Nps tier 2 gain calculation are tax every year or only withdraw time tax is calculated?
Very informative
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Interest on annuity corpus is less than fixed-deposit, in fixed-deposit one can get the whole money whenever they want, then why someone consider to invest for annuity?
Great video.
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Plz tell can state govt employee opt or change to active investment strategy?Last time i tried to change they said its not available for state govt. Employees
How withdrawal is gonna work for people who are 60+ yrs old when they signed up for NPS?
I don't understand how people can invest 1.5 lakh under 80c in nps. PF contribution by employee is virtually compulsory. Can Anyone enlighten us.
For your kind information Govt employees are still not allowed to invest more than 50% in equity
Government employees should be given all the facilities available for corporate..like different fund manager to different assets
Thanks
Thank for updated
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Please upload same video in Hindi language on 5 MINUTE FINANCE , so that every person who can understand Hindi must know this changes .
Hello, it's there on ET Money's Hindi TH-cam channel: th-cam.com/video/wk2TzGk_ZWY/w-d-xo.html
Also explain in case of government employees
I can contribute 10% 12% or 14% of basic salary plus DA
You can invest as much you want to invest with minimum limit of 10% of basic plus DA. But govt will only contribute 14% of your basis plus DA.
Nps contribute to taxable hai...agar mai 500 jama krta hu to usme 35 extra lgta hai gst esa kyu ?? Ye to galat baat hai
Nps se withdrawal lengthy and time consuming process h ?
Informative 👏
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Hi Sir,How to update DOB in NPS account
SIR, I AM WORKING IN NAVY SINCE 1999 I AM ELIGIBLE FOR FOR OLD PENSION SCHEME, BUT NOW I WANT TO INVEST IN NPS TIER1 FOR GETTING TAX BENIFICIAL, MY QUESTION IS CAN I GET NPS PENSION AFTER COMPLETION OF MY AGE 60 YRS ALONG WITH MY EXISTING OLD PENSION. PLS CLARIFY MY DOUBT .
I have opened nps account in kfintech. Is it ok
If I die before 60 total contribution will be given to nominee or not
Can I invest in NPS from my personal account for my father NPS? Kindly help
Can I withdraw money for buying New home I am upgrading from old buy selling old one.
Old pension is best
Unsustainable burden on taxpayers and the nation
Please Send me vedeo on best fund Manager for nps
Is investing through ET Money safe? There are so many apps, I'm getting confused.
It's absolutely safe.
How can employees changes the fund allocation, as it is locked in the system.
How to change exposure to all equity
I have a query on tax. For ex: I invest 1 lakh in nps tier 2 and i get 1,10,000 within a year. In that I invest the 10000 in nps tier 1 and reinvest the 1 lakh in tier 2. If I do this can I avoid tax on the capital gains. Can u please clarify.
If someone became NRI, then what happens to NPS, can NRIs continues to get the returns ?
Good info thanks
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