10 Important Questions And Answers Related To CPF-NPS
The New Pension Scheme (NPS) is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). NPS is a marked-linked product and therefore, offers returns based on the fund performance. NPS, introduced in 2014, was initially aimed at government employees but was subsequently extended to all citizens in 2009.
આ વીડીયોમાં સીપીએફ માટેના મહત્વના પ્રશ્નો જેવા કે
૧.NPS સ્ટેટમેન્ટ મળે છે તેમાં અમુક માસની કપાત બતાવતી નથી તો શું કારણ હોઇ શકે?
(ર) પ્રાણ કાર્ડમાં ભૂલ છે તો સુધારો કઇ રીતે કરી શકાય?
(૪) મોબાઇલ નંબર અને મેઇલ આઇડી નુ શું મહત્વ છે?
(૩) વધુ ટેક્ષ બેનીફીટ માટે tier-II માં રોકાણ કરી શકાય? (પ) નોમીનેશન ડીટેઇલ્સ નથી આપી તો શું કરવું?
(૮) રીટાયરમેન્ટ બાદ કેટલું પેન્શન મળશે?
(૬) GPF માં લોન મળે છે તો CPF માં મળી શકે? (૭) અમુક રકમ જરુરીયાત સમયે ઉપાડી શકાય? (૯) અગાઉની બાકીની રકમ ભરવી હોય તો શું કરવું?
(૧૦) પુરાપગારમાં આવ્યા હોઇ સીપીએફ નંબર મેળવવા શું કરવુ?
CPF-NPS સંબંધીત મહત્વના 10 પ્રશ્નો અને જવાબો માટે નીચેનો વિડિયો જોવો
In this video important questions for CPF such as
(1) What could be the reason if the NPS statement does not show a deduction of some months?
(2) If there is an error in the prana card, how can it be corrected?
(3) What is the significance of mobile number and mail ID?
(4) Can I invest in tier-II for more tax benefits?
(1) What could be the reason if the NPS statement does not show a deduction of some months?
(2) If there is an error in the prana card, how can it be corrected?
(3) What is the significance of mobile number and mail ID?
(4) Can I invest in tier-II for more tax benefits?
(5) What to do if nomination details are not given?
(6) How much pension will you get after retirement?
(7) If I get a loan in GPF, can I get it in CPF?
(6) How much pension will you get after retirement?
(7) If I get a loan in GPF, can I get it in CPF?
(8) Can certain amount be withdrawn in time of need?
(9) What to do to get CPF number after coming to Purapagar?
(10) What to do if the previous balance is to be paid?
(9) What to do to get CPF number after coming to Purapagar?
(10) What to do if the previous balance is to be paid?
Tax Benefits under NPS
A tax exemption of Rs.1.5 lakh can be claimed on the employee’s and employer’s contribution towards the National Pension System (NPS). Tax benefits can be claimed under Section 80CCD(1), 80CCD(2), and 80CCD(1B) of the Income Tax Act.
80CCD(1), which comes under Section 80C, covers self-contribution. Salaried employees can claim a maximum deduction of 10% of their salary, while self-employed individuals can claim up to 20% of their gross income.
80CCD(2), which is also a part of Section 80C, covers the employer’s contribution towards NPS. This benefit cannot be claimed by self-employed individuals. The maximum amount that an individual is eligible for deduction is either the employer’s NPS contribution or 10% of basic salary plus Dearness Allowance (DA).
Under Section 80CCD(1B), individuals can claim an additional amount of Rs.50,000 for any other self-contributions as NPS tax benefit.
Therefore, individuals can claim up to Rs.2 lakh as tax benefits under NPS.
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