Sir, If I don't invest any amount in NPS under 80C, can I still invest additional 50k in NPS to get tax rebate under 80CC 1B. If I have already invested 1.5 lakh in different plans under 80C.
I have used my 80C limit of 1.5 lakhs (without investing in nps).... should i invest in nps to claim that additional 50000 deduction or should i pay the tax on this 50000 and use the remaining amount to invest in mutual funds....?
Hi #ETMoney Team, Could you clarify, if an individual has an option to apply for 80ccd(2) through his firm, then is this correct to say that he/she can claim tax benefits of - 1. 1,50,000 from 80 C + 2. 50,000 from 80 CCD(1)B + 3. 10% of Basic through 80 CCD(2) All 3 over n above each other...?? Example- If Gross Salary = 15Lk He contributes PF+VPF = 1.5lk He contributes to NPS = 50k (individually) So now his Taxable salary = 15lk - {1.5lk from 80C + 50K from 80 CCD(1b)} = 13lk ------+ But if his company allows NPS deduction, and his basic is 8lk (example) then 10% of it is 80K. Are we saying now, he can claim tax benefits of 80K (via 80 CCD(2)) over n above the 2lk amount he claimed through 80 C and 80 CCD(1b) Please confirm!
Hi, Thanks for providing information. Can you clarify, is there any possibility of increasing or decreasing monthly contribution. Example: if I start keeping 5k per month can I go to 10 k after few years?
Thanks for this amazing educational video. Mr. Shanker your are amazing in your communication in very very simple words for any one to understand. Looks like I will join ET money. Cheers
Sir, request please answer this, since the past 7 trading secession s debt funds are showing negative returns, should a long term investor place stoploss in debt funds also, or this is just Temperory phase, i was told that this situation is due to RBI selling
So ETMONEY.. if we opted for 100% annuity plan ... then loss the benefit of last exempt part of 3 exemption... because annuity comes under income tax slabs
Dear Sir, Excellent video I m sr citizen 64 year,I'm in 30% tax plann. I want to invest Rs 50000 to take benefit under 80ccd(1b). I do not want pension. I understand that we can take Rs 5 lacs max without pension .pl comment on this issue What will be tax treatment on Rs5 lac. Regds Sr citizen
Hi my name is Deepak Singh. My question is that I have invested in ABSL frontline equity fund regular since 1 Aug 2008 1000/m till aug 2020 approx 1.44 lack. Now I have switched to direct plan on 26 Aug2020 after switching I have got 1209 unit and amount 2.86 lack in direct plan and start new sip 1000/m in this fund. During switching I have not paid any tax and exit load. Now I want to redeem this fund.So I want to know that will I get grandfathering benefit during redeem if not why. Please reply thank you.
If open an account of nps through et money......does it is valid in nps app also and can I give this account number to my company for further 10% deduction......or whether I should open my nps account on nps online portal and then come to et money platform for further investment
Hi @ETMoney, Around 18:33 Shankar Sir mentioned about 'Life annunity', so my question is, if i choose to opt for Life Annunity and i die by 62 or say 65 yrs than my remaining corpus would be provided to my nominee ??
No . Go for life annuity with return of purchase price to nominee option. You will get little less annuity amount but corpus will be provided to your nominee after death
Is NPS still worth it if I don't get any tax benefit yearly under the new tax slab? Would it be wiser to invest that money in Mutual Funds? Would the 60% EEE tax break at maturity be worth the taxes that one would have to pay as LTCG?
@@ETMONEY Thank you for your response. Obviously, there are no market return guarantees, whether one put their money in NPS or a Multicap fund. I guess the big question is the control one wants over the 40% that would have to go into an annuity vs having the option to completely withdraw it and invest it elsewhere or continue an existing investment in a mutual fund. What would be your advice? If a disciplined investor, rather than investing in NPS contributed regularly, at least till retirement, to a mutual fund, it seems to me they could get a better return and have the liquidity and flexibility post-retirement. The prospect of having 40% of your corpus tied up into an annuity plan seems scary to me.
@@ETMONEY I appreciate your suggestion. It brings perspective. Do you really think people will begin to put 100% of their corpus into annuity instruments? Is that an emerging trend - you mentioned in the video that annuities are popular in high-income countries?
Hi ET Money and team and all Viewers, - I have tax saving investment in ELSS and EPF so my 80C tax saving slab is full, If I subscribe to NPS, will I get Rs 50,000 above 1.5 L under 80C ? or should I invest full 2L in NPS to get that extra 50K tax benefit?
My question is... if I have already opened NPS account from a POS branch by paperwork... so can I use username and password of that account in ET Money app and use all the functionality of NPS Account like changing the choice or changing asset allocation etc...? 🤔🤔🤔
Dear Anubhav Kumar: Can you please send an email on this to help@etmoneycare.com? Our operations team might need some more information to answer this one
Hi, Request a suggestion as I have completely exhausted my 80c limit in Non NPS sections, if i invest only 50k can I get the tax benefit under 80ccd.. or else i should invest 2L and claim 50k.. helpful if you clear this, pl..
Sorry, no idea. There was an article recently, maybe that help. www.indiatoday.in/business/story/nps-scheme-account-opening-contribution-income-tax-benefit-withdrawal-rules-1920241-2022-03-03
Very informative Video on NPS. Thanks a lot. Can you explain how capital gain under Tier 2 of NPS are taxed since the fund comprises of both equity and debt? Further, it is not like a balanced where Debt and equity ratios are fixed. Time permitting, please revert.
@@ETMONEYAs a fresh investor I'm not able to differentiate btwn Tier1 and Tier 2 accounts. Could you please elaborate on this part? When I start an NPS account do I start with Tier 1 by default? Is Tier2 optional or how does this work?
@@khyati0701 Tier I is the actual pension saving part of NPS. Tier II is like any other mutual fund with taxability involved. If you're planning to save for your retirement, go for Tier I. Investments under Tier I give you the tax exemption benefits under 80C, 80CCD 1B etc.
Hi team, could you guys do a video or an article comparing the corpus for various asset allocation in auto and in maximum limit allocation of auto for each asset classes... - soon to be NPS holder
1. With regards to auto alllocation, we have another video on NPS where we have given more specifics. th-cam.com/video/H0452CXiUXc/w-d-xo.html 2. If you want more specifics on ideal asset %ages, then please check out our excellent video on "Asset Allocation" at th-cam.com/video/MYZO5D7puTA/w-d-xo.html
Sir Is it advisable to switch from EPF to NPS for a salary falling under heights tax slab? Because EPF contribution is consuming most of the 80C limit leaving no room for investing in ELSS for getting extra returns than EPF/NPS
Hi Mr. Shankar, your videos have been very informative and you present it with great conviction; kudos to your research team too. I have a question to you. I am interested in investing in logistics sector as an SIP, I have found the UTI logistics and transportation fund, however more than 50% of its holdings are in automobile. Is there any other funds that you can suggest please.
@@vikrantbora3346 We did one on small caps just 1.5 months back with Shankar. It was pretty good. Check it out: th-cam.com/video/M_HSiuh-73A/w-d-xo.html
One confusion? To avail the extra 50 thousand tax benefit, is it mandatory that 80C 1.50 lakh investment needs to be in NPS as well? For example Can i invest 1.50 lakhs in PPF/ELSS only and the other 50k in NPS?
Can we rebalance our portfolio with in NPS scheme with out disturbing my contribution%. I mean I want to move some investment from equity to debt instruments. Also would like to know more on the tax benifit. That is if I am employee I can save upto 2.5 lakhs or more depend on basic salary (80CCD(1), 80CCD(1B), 80CCD(2)).
@@ETMONEY i am not talking about the contribution options. For example I am using HDFC FUNDS and I have 2 lakhs in equity as of now and round 50k in debt funds. I want to move some amount from 2 lakhs invested to debt to use 60 - 40 rule or move similarly from debt to equity if there is change in portfolio. Without changing the fund manager or contribution% (EQUITY 60%, DEBT 40%). I am using active allocation.
Hello Sir Me and my husband both are employees and we are planning to invest in NPS individual. And we have 6 years of age gap. So is it good have separate nps accounts with little amount? Or one nps account for us with higher value??
as a common man, will i be able to get 1.5 lacs tax deduction in sec.80ccd1 if i invest all 1.5 lacs in NPS? I have no other investments like LIC, ppf etc for 80c deduction. but i want to invest in nps only. I am a senior having a gross annual income of 8 lakhs
Hi can we pay NPS premium in quarterly basis in ET money app, because when I tried to choose a plan it showed only two options (monthly and lumpsum) and there was no quarterly or half yearly option.
Incase i transfer my Individual All Citizens enps to a Corporate Model to avail the 80 CCD (2) benefit, will i be incurring POP charges of Rs.20 for my personal contribution as well ?
Hii..If a person who has completed maturity and is on annuity,expires at 70, will his wife (who does not have NPS) continue to get the annuity benefit, like a family pension ???
Hello sir, Sir I make an NPS account through et money app , so in nps automatically take my name that was already in et money app , so how to change the name of myself , where to submit the documents ? Please help me out 🙏
Thanks for opening the NPS account. Kindly drop a ticket on the app itself or write to our customer service team at help@etmoneycare.com for assistance and troubleshooting
Please do also make a video on how to exit from such investments if we are leaving the country and settling abroad. Can we withdraw the entire amount in such cases? Thanks
Very informative video @ETmoney. Just one question, in case of govt employees government contributes 14% of (Basic+DA). Can we claim tax exemption of this contribution by the govt?
Great content from ET Money team. Sincere Thank you! This makes it much easier for a common man. I've a query here - assuming I've exhausted 80c limit for non-nps investments and then I invest Rs.50k in NPS. Can I claim this Rs.50K NPS investment under 80CCD(1B) for tax exemption?
Sir ... I have a doubt ... That annuities returns or say interests are nearly to inflation ... So why don't we invested in mutual funds and at the age of 60 we will start SWP for monthly income ... And also getting better returns at the invest amount. Will you please answer this ... ?? Thank you sir ....
I have a query about PPF/EPF here. Currently I am working as an independent contractor, I want to open an PPF account, but in case I shift to being a full-time employee of a company, will the same PPF account be used or will I need to open a new EPF account?
Hello Sir , thanks for the video, can someone clarify this question. For Tier-1 NPS subscription , a minimum contribution of 1000 should be made in a FY, that question is what happens if I didn't make any contribution for a particular year or say for a continuous 2 years please advise!!!
Hi. The account gets frozen and the subscriber has to pay the total of minimum contributions for the period of freeze plus a penalty. Pls read more at www.pfrda.org.in/writereaddata/links/faqsallcitizensmodelbf322a1a-be90-4eba-9356-4258f4bdfafd.pdf
![ผัวเถื่อน - ยูริ โตเกียวมิวสิค [ OFFICIAL MUSIC VIDEO ]](http://i.ytimg.com/vi/P08ORRVDGl8/mqdefault.jpg)
One of the best videos I’ve come across on NPS. Extremely informative and lot of queries answered to the point👏.
Thank you!
Sir, If I don't invest any amount in NPS under 80C, can I still invest additional 50k in NPS to get tax rebate under 80CC 1B. If I have already invested 1.5 lakh in different plans under 80C.
Did you get ans?
@@rnflutes2399 yes I tried it in my company. And you can get additional 50k rebate on top of 1.5 lakh.
His ability and tone to explain is amazing
Thank you
Thanx
I have used my 80C limit of 1.5 lakhs (without investing in nps).... should i invest in nps to claim that additional 50000 deduction or should i pay the tax on this 50000 and use the remaining amount to invest in mutual funds....?
What if pensioner die at 62 and his nominee at 63..all money will be lapsed to insurance company? .
15:45 Mind blown
Genuinely Informative. The 2% additional return part ... I am sold for NPS it seems. Thanks @ETMONEY.
Mutual funds can provide 12-15% too.
Hi #ETMoney Team,
Could you clarify, if an individual has an option to apply for 80ccd(2) through his firm, then is this correct to say that he/she can claim tax benefits of -
1. 1,50,000 from 80 C +
2. 50,000 from 80 CCD(1)B +
3. 10% of Basic through 80 CCD(2)
All 3 over n above each other...??
Example-
If Gross Salary = 15Lk
He contributes PF+VPF = 1.5lk
He contributes to NPS = 50k (individually)
So now his Taxable salary = 15lk - {1.5lk from 80C + 50K from 80 CCD(1b)} = 13lk
------+ But if his company allows NPS deduction, and his basic is 8lk (example) then 10% of it is 80K.
Are we saying now, he can claim tax benefits of 80K (via 80 CCD(2)) over n above the 2lk amount he claimed through 80 C and 80 CCD(1b)
Please confirm!
#ETMONEY @etmoney
Hi, Thanks for providing information.
Can you clarify, is there any possibility of increasing or decreasing monthly contribution. Example: if I start keeping 5k per month can I go to 10 k after few years?
Thanks for this amazing educational video. Mr. Shanker your are amazing in your communication in very very simple words for any one to understand. Looks like I will join ET money. Cheers
You are very welcome and thanks for the appreciation
Can you please compare SWP from a mutual fund to annuity both from returns perspective and tax perspective
Shankar sir you explain things with simplicity, thanks for the video.
You are most welcome. Thank you Ashish Kumar!
Sir, request please answer this, since the past 7 trading secession s debt funds are showing negative returns, should a long term investor place stoploss in debt funds also, or this is just Temperory phase, i was told that this situation is due to RBI selling
@@ETMONEY gratitude sir, very informative, you provided the best answer, that is the advantage of asking an expert
So ETMONEY.. if we opted for 100% annuity plan ... then loss the benefit of last exempt part of 3 exemption... because annuity comes under income tax slabs
Dear Sir,
Excellent video
I m sr citizen 64 year,I'm in 30% tax plann.
I want to invest Rs 50000 to take benefit under 80ccd(1b).
I do not want pension.
I understand that we can take Rs 5 lacs max without pension .pl comment on this issue
What will be tax treatment on Rs5 lac.
Regds
Sr citizen
Hello sir.
Investing in NPS TIER 2 KEEPING 100 PERCENT EQUITY FOR 15TO 20 YEARS. CAN GIVE GOOD RETURNS FOR RETIREMENT. MY AGE 37 .
Hi my name is Deepak Singh. My question is that I have invested in ABSL frontline equity fund regular since 1 Aug 2008 1000/m till aug 2020 approx 1.44 lack. Now I have switched to direct plan on 26 Aug2020 after switching I have got 1209 unit and amount 2.86 lack in direct plan and start new sip 1000/m in this fund. During switching I have not paid any tax and exit load. Now I want to redeem this fund.So I want to know that will I get grandfathering benefit during redeem if not why. Please reply thank you.
If open an account of nps through et money......does it is valid in nps app also and can I give this account number to my company for further 10% deduction......or whether I should open my nps account on nps online portal and then come to et money platform for further investment
I always look forward to such informative blogs from ETMONEY.
Thank you@ ETMONEY.
Glad you like them!
Hi @ETMoney,
Around 18:33 Shankar Sir mentioned about 'Life annunity', so my question is, if i choose to opt for Life Annunity and i die by 62 or say 65 yrs than my remaining corpus would be provided to my nominee ??
No . Go for life annuity with return of purchase price to nominee option. You will get little less annuity amount but corpus will be provided to your nominee after death
Hi.. what is the difference between NPS and EPS for which deduction is already made by my employer as a part of provident fund.
The way he speaks is amazing... I thiink all my queries and doubts are answered here.... Thank you.
Thank you for not making this an all hindi video❤️❤️
Best nps video 👍👍
Thanks!
Very nice video, crisply explained
Thank you
I liked transparent and detailed perspective on NPS. Thanks a lot for resolving severel doubuts about NPS. Great work....
So nice of you
Is employer contribution to NPS added to gross salary?
Is ET MONEY Safe For NPS Investment?
Sir
What will be the rate of return on 40 % on annuity after 30 year .My daughter will retire after 30 year.
Is NPS still worth it if I don't get any tax benefit yearly under the new tax slab? Would it be wiser to invest that money in Mutual Funds? Would the 60% EEE tax break at maturity be worth the taxes that one would have to pay as LTCG?
@@ETMONEY Thank you for your response. Obviously, there are no market return guarantees, whether one put their money in NPS or a Multicap fund. I guess the big question is the control one wants over the 40% that would have to go into an annuity vs having the option to completely withdraw it and invest it elsewhere or continue an existing investment in a mutual fund.
What would be your advice? If a disciplined investor, rather than investing in NPS contributed regularly, at least till retirement, to a mutual fund, it seems to me they could get a better return and have the liquidity and flexibility post-retirement. The prospect of having 40% of your corpus tied up into an annuity plan seems scary to me.
@@ETMONEY I appreciate your suggestion. It brings perspective.
Do you really think people will begin to put 100% of their corpus into annuity instruments? Is that an emerging trend - you mentioned in the video that annuities are popular in high-income countries?
What happens if I fail to pay the annual payment. Will it be deactivated
If there's less than 5 lakhs money , may I withdraw full money ?
what if etmoney and kfintech shut down somehow? where we will check the account?
Hi ET Money and team and all Viewers, - I have tax saving investment in ELSS and EPF so my 80C tax saving slab is full, If I subscribe to NPS, will I get Rs 50,000 above 1.5 L under 80C ? or should I invest full 2L in NPS to get that extra 50K tax benefit?
You have to invest 50K only and claim under 80CCD(1B). It should be in Tier1 account only to claim tax benifit.
Only reason I like ET money because of Sankar ji.. He is super cool and best among all youtubers in our country...
Thank you very much, Nimesh Patel
Brilliant Shankar
My question is... if I have already opened NPS account from a POS branch by paperwork... so can I use username and password of that account in ET Money app and use all the functionality of NPS Account like changing the choice or changing asset allocation etc...? 🤔🤔🤔
Dear Anubhav Kumar: Can you please send an email on this to help@etmoneycare.com? Our operations team might need some more information to answer this one
Hi, Request a suggestion as I have completely exhausted my 80c limit in Non NPS sections, if i invest only 50k can I get the tax benefit under 80ccd.. or else i should invest 2L and claim 50k.. helpful if you clear this, pl..
Hi. Additional 50,000 rupees can be invested into NPS (not additional 2 lakhs)
Pl prepare video on NPS for Sr Citizen.
Regds
Very informative, it is very much essential for the viewers.👍👍
Thank you
Thanks Shankar Sir ! Well Composed ! Keep Up ....
Thank you very much Ar. Swapnil Mangle. Glad you liked it
Can center government employee who are eligible for pension (ex: military forces) can apply for NPS through ETmoney? Bcz they will have two pension?
Sorry, no idea. There was an article recently, maybe that help. www.indiatoday.in/business/story/nps-scheme-account-opening-contribution-income-tax-benefit-withdrawal-rules-1920241-2022-03-03
Is it advisable to start new NPS account at age of 63 ?
Very informative Video on NPS. Thanks a lot.
Can you explain how capital gain under Tier 2 of NPS are taxed since the fund comprises of both equity and debt? Further, it is not like a balanced where Debt and equity ratios are fixed.
Time permitting, please revert.
@@ETMONEYAs a fresh investor I'm not able to differentiate btwn Tier1 and Tier 2 accounts. Could you please elaborate on this part?
When I start an NPS account do I start with Tier 1 by default? Is Tier2 optional or how does this work?
@@khyati0701
Tier I is the actual pension saving part of NPS. Tier II is like any other mutual fund with taxability involved. If you're planning to save for your retirement, go for Tier I. Investments under Tier I give you the tax exemption benefits under 80C, 80CCD 1B etc.
@@khyati0701 Tier II is optional.
He is just the best...
Thanks!
kindly make a separate video for govt employee
How to change my bank acount details
Hi team, could you guys do a video or an article comparing the corpus for various asset allocation in auto and in maximum limit allocation of auto for each asset classes...
- soon to be NPS holder
1. With regards to auto alllocation, we have another video on NPS where we have given more specifics. th-cam.com/video/H0452CXiUXc/w-d-xo.html
2. If you want more specifics on ideal asset %ages, then please check out our excellent video on "Asset Allocation" at th-cam.com/video/MYZO5D7puTA/w-d-xo.html
Sir Is it advisable to switch from EPF to NPS for a salary falling under heights tax slab? Because EPF contribution is consuming most of the 80C limit leaving no room for investing in ELSS for getting extra returns than EPF/NPS
1.1 raised to the power of 30. What is 1.1? Can you please explain where is this 1.1 coming from?
1.1 is (1+10%). 10% is the assumed returns from NPS.
Suppose I opted for Monthly SIP in NPS. Is there any option to do voluntary contributions other than my regular SIP?
@@ETMONEY can i increase or decrease my sip amount frequently ? Say every month or quarter
Hi Mr. Shankar, your videos have been very informative and you present it with great conviction; kudos to your research team too. I have a question to you. I am interested in investing in logistics sector as an SIP, I have found the UTI logistics and transportation fund, however more than 50% of its holdings are in automobile. Is there any other funds that you can suggest please.
l
Hello, When you say about NPS returns, is it the amount in Tier 1 account? Or, the sum of amounts in both Tier 1 and Tier 2 accounts?
Excellent. Pls plan some thing on mutual funds
Thanks. Sure, will do
@@ETMONEY We would love to see a detailed analysis on good small cap mutual funds by Mr Shankar
@@vikrantbora3346 We did one on small caps just 1.5 months back with Shankar. It was pretty good. Check it out: th-cam.com/video/M_HSiuh-73A/w-d-xo.html
If i want to invest more than what currently my co. Is deducting can i do that for NPS ? Current deduction is set at 10%
@@ETMONEY Thank You So much for the info very much Appreciated ! & certainly an excellent Job being done by the enrire team of ET money! Cheers !
Shankar.......i am truly becoming your FAN.......May Sai bless you..!!!
Thank you very much for your kind words
Et money is a very good app. I am using it for investing since past 3 years. The you tube video of ur app are very useful. Thank u.
Thank you for your continued patronage
Doesnt EPF factor into the 1.5 lakh Section 80c exemptions? If so, I would only need to invest 1.5 minus the EPF per annum, correct?
Excellent style of narrating.Have become great fan of you sir.
Thanks for your kind appreciation
Depth of analysis, clear and concise articulation make you a very respectable youtuber and personal financial advisor
Thank you very much!
One confusion? To avail the extra 50 thousand tax benefit, is it mandatory that 80C 1.50 lakh investment needs to be in NPS as well? For example Can i invest 1.50 lakhs in PPF/ELSS only and the other 50k in NPS?
First 1.5 Lakh u can invest in PPF/ELSS or any other & also u can claim 50k invt in NPS.
Not mandatory to invest 1.5 lakh in NPS.
Can we rebalance our portfolio with in NPS scheme with out disturbing my contribution%. I mean I want to move some investment from equity to debt instruments.
Also would like to know more on the tax benifit. That is if I am employee I can save upto 2.5 lakhs or more depend on basic salary (80CCD(1), 80CCD(1B), 80CCD(2)).
The active choice options allows change in % allocation.
@@ETMONEY i am not talking about the contribution options. For example I am using HDFC FUNDS and I have 2 lakhs in equity as of now and round 50k in debt funds. I want to move some amount from 2 lakhs invested to debt to use 60 - 40 rule or move similarly from debt to equity if there is change in portfolio. Without changing the fund manager or contribution% (EQUITY 60%, DEBT 40%). I am using active allocation.
How to Nps is better than old pension.
Why NPS is one of the best investment???
Hello Sir
Me and my husband both are employees and we are planning to invest in NPS individual. And we have 6 years of age gap.
So is it good have separate nps accounts with little amount? Or one nps account for us with higher value??
as a common man, will i be able to get 1.5 lacs tax deduction in sec.80ccd1 if i invest all 1.5 lacs in NPS? I have no other investments like LIC, ppf etc for 80c deduction. but i want to invest in nps only. I am a senior having a gross annual income of 8 lakhs
Thank you Shankar sir and etmony team for this valuable information.
Always welcome. Glad you found it useful
Hi can we pay NPS premium in quarterly basis in ET money app, because when I tried to choose a plan it showed only two options (monthly and lumpsum) and there was no quarterly or half yearly option.
Incase i transfer my Individual All Citizens enps to a Corporate Model to avail the 80 CCD (2) benefit, will i be incurring POP charges of Rs.20 for my personal contribution as well ?
Sir,
I am a retired Public Sector servant. Can I put Rs 2 lakhs in NPS and claim Rs 2 lakhs deduction under 80 CCD
Hii..If a person who has completed maturity and is on annuity,expires at 70, will his wife (who does not have NPS) continue to get the annuity benefit, like a family pension ???
Congratulations @ETMONEY ..very insightful video
Thank you Vivek Ranjan
Hello sir,
Sir I make an NPS account through et money app , so in nps automatically take my name that was already in et money app , so how to change the name of myself , where to submit the documents ?
Please help me out 🙏
Thanks for opening the NPS account. Kindly drop a ticket on the app itself or write to our customer service team at help@etmoneycare.com for assistance and troubleshooting
Please do also make a video on how to exit from such investments if we are leaving the country and settling abroad.
Can we withdraw the entire amount in such cases?
Thanks
Again a excellent session by Mr.Shankarnath. Thanks!
Thank you!
Can I increase/decrease my nps SIP or Lumpsum investment amount through ETMoney app?? pls reply
My mom is 50 years old, can i start nps account for her
Yes, you can
Just wanted to ask regarding NPS SIP,
Does investment in nps sip enjoy any kind of tax benefits?
Sir what is tht 1.1 ?
Very informative video @ETmoney. Just one question, in case of govt employees government contributes 14% of (Basic+DA). Can we claim tax exemption of this contribution by the govt?
We have different schemes under each fund, Which aspects to monitor in choosing a fund and how to understand different schems ?
Thats a really good stuff!
Thank you!
i want subtitles
Is it allowed to withdraw 100% of investment + benifit on 60th age of investor?
Very informative ! Thank you !
Glad it was helpful!
Hi, currently in 2021 which NPS scheme should be we selecting, I did SBI Pension Fund which obviously is doing average or so-so. Any suggestions
Kotak or HDFC will be better.
Its my my personal opnion do your due diligence.
Great content from ET Money team. Sincere Thank you! This makes it much easier for a common man. I've a query here - assuming I've exhausted 80c limit for non-nps investments and then I invest Rs.50k in NPS. Can I claim this Rs.50K NPS investment under 80CCD(1B) for tax exemption?
Yea
When to book profit in mutual fund even if we have 7 to 8 yr of investment planning
Sir start your channel in hindi language for hindi viewer's 👍👍👍
Adise hdfc balace advantsge fund mothly didedend envest mothly income
Sir ... I have a doubt ... That annuities returns or say interests are nearly to inflation ...
So why don't we invested in mutual funds and at the age of 60 we will start SWP for monthly income ... And also getting better returns at the invest amount.
Will you please answer this ... ??
Thank you sir ....
Hello Amitabh Mohan: Per the current PFRDA rules, atleast 40% of NPS monies need to go into annuities. One cannot divert it to mutual funds.
I have a query about PPF/EPF here.
Currently I am working as an independent contractor, I want to open an PPF account, but in case I shift to being a full-time employee of a company, will the same PPF account be used or will I need to open a new EPF account?
PPF and EPF are two different things. PPF can be opened by anyone whereas EPF is for employees.
Can I claim sec 80ccd(1B) tax benefit by simply investing only 50000 in NPS? In 80ccd(1) I got too many options...
Hi. You'll have to check with your tax advisor in this
Thanks for clear and detail explanation.
Can we change contribution amount and frequency once we start investing in NPS??
Most welcome. You can make multiple contributions throughout the financial year of different amounts
How can we see one time investment on April 1st and SIP every month in terms of compounding
What to choose between NPS and Index Funds.?
What to do if I have completed limit of 1.5lac in 80c and I want only have 50k tax saving benefit... tier 1 and 2
Tier 1.. Under 80 CCD 1B..
Tier 2 only gives 80C benefit for government employees. So, no to Tier 2.
I am not able to see my investments since I have changed subscriber and moved to ETMoney? No help available
Please write to help@etmoneycare.com. Our operations team will be happy to help you with this query.
Can I invest in NPS through SIP......
Hello Sir , thanks for the video, can someone clarify this question.
For Tier-1 NPS subscription , a minimum contribution of 1000 should be made in a FY, that question is what happens if I didn't make any contribution for a particular year or say for a continuous 2 years please advise!!!
Hi. The account gets frozen and the subscriber has to pay the total of minimum contributions for the period of freeze plus a penalty. Pls read more at www.pfrda.org.in/writereaddata/links/faqsallcitizensmodelbf322a1a-be90-4eba-9356-4258f4bdfafd.pdf
@@ETMONEY Thanks so much for the response... That really helps