NPS (National Pension Scheme) in 2024 – Ultimate Guide in Hindi

In this video, we'll thoroughly decode NPS, exploring its pros and cons and find the best retirement product.

Join Video Finance App, Vidfin here:

* Invest & Trade in Stocks & Mutual Funds *
Open your Discount Demat Account here:

We'll also navigate through Tier 1 and Tier 2 accounts in NPS, discussing their eligibility criteria, lock-in periods, contribution limits. We'll explore the diverse investment options within NPS, including Active Choice and Auto Choice.
Additionally, we'll examine the tax benefits of NPS under both old and new tax regimes, encompassing deductions under sections 80CCD(1), 80CCD(1B), and 80CCD(2). Furthermore, we'll understand the rules regarding withdrawal of NPS corpus.

00:00- Intro
00:49- What is NPS?
01:40- Types of Account
03:25- Investments options under NPS
03:58- Investments in 4 Categories
04:26- Active Choice
05:06- Auto choice
06:53- Amount received on Maturity
08:20- NPS Pension Calculation
13:55- Withdrawal rules in NPS
15:21 Tax on NPS
18:41- New Regulations
19:18- charges in NPS


About the Video
NPS or National pension system, a pension scheme regulated by PFRDA (Pension Fund Regulatory & Development Authority), launched by the Government of India in 2004. NPS can help save tax and also to get a regular pension after retirement. Learn about Tier 1 and Tier 2 accounts, their eligibility criteria, lock-in periods, minimum contributions, maximum limits and tax benefits. Explore the investment options under NPS, including Active Choice and Auto Choice, offered by top Pension Fund Managers like Birla Sunlife, HDFC, ICICI Prudential, and more. Understand the tax benefits of NPS under both old and new tax regimes, including tax deductions under sections 80CCD (1), 80CCD(1B), and 80CCD(2). Join us as we explore NPS, India's top pension scheme, to boost your retirement planning and financial security. Don't miss this chance to stay informed and ahead in your financial journey.

In this video, we’ll cover the following concepts:
1.What is NPS or national pension scheme?
2. How to invest in the national pension scheme?
3. What is PRAN number and what is the full form of PRAN?
4. What are the eligibility rules for opening a national pension scheme?
5. What are the tax benefits of the national pension scheme under Section 80C?
6. What are the charges involved in opening an NPS account?
7. What are the rules of withdrawal from NPS?
8. What is an Active choice and Auto choice under NPS?
9. Which is better Tier 1 vs Tier 2?
10. What is the total corpus we get on maturity from NPS?
11. What are the benefits of NPS for retirement planning?
12. What are the investment options available under NPS?
13. Which is the best retirement product?
-------------------------------------------------------------------------------------------
Connect with Us
-------------------------------------------------------------------------------------------
Website

#NationalPensionSystem2024 #NPS #AssetYogiShow

[AssetYogi]

Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

[FernandoBowen-]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[rbb]

What a wonderful Video. Got COMPLETE Clarity on all aspects of NPS. Hi Mukul - the more I watch your videos the more knowledgeable I become. Blessings to you.

[gr]

One of the best video on NPS till date. Simple language, top class presentation, detail information. God bless you.

[mayurrathod]

sir me aapka koi bhi video miss nahi karta aur muje value milti hai thank you so much sir

[lokeshkumar-pewj]

Sir aapka jabab nahi. Bahut acche se explain krte ho

[anantsharma]

What is better.
1 . Invest in Nps tier 1.
2. Invest in mutual funds, do a swp after 60 for regular income.
3. Do NPS, after 60 invest lumsum in a mutual fund for SWP plan, also get annuity from NPS.
4. INVEST only in mutual funds, do a hybrid funds after 60.

[Sanchyfab]

Investing within the NPS framework is crucial for maximizing returns and securing a comfortable retirement.

[avinashmayank]

Best scheme of govt for private sector.
Very less promoted.Thank you sir for this explanation 🙏

[ayushbaid]

Don't you think, on maturity our 40 percent corpus is stuck with low yeild (5.5% to 6% ) annuity schemes ? I think this restriction should be immediately removed by government and the investor should have a choice to invest their corpus as per their liking, Please share your views on this aspect . Is there any solution to this aspect ?

[puneet]

two points are missed:
it is not mandatory to make a contribution even in tier-1
premature withdawl is after 5yr. We can take out full amount if portfolio is less than 2.5l

[brajesh]

आपने बहुत अचछे से समझाया है इसके लिए धन्यवाद मेरा प्रश्न है की एक्टिव चॉइस में एन्युटी purchase कैसे होगा

[aarsethdiane]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[vikramdeshmukh]

This is one of the better videos I came across regarding NPS. Good work.

[ravibhalerao]

You are a very good Mentor and I really learnt a lot of new things by you...
Thank you very much sir

[rajendragoswamispn]

Can you please explain 80CCD(1), 80CCD(1B) and 80CCD(2) section in detail?

[kumarkishan]

Fully satisfied video on NPS.
Thanks sir

[rajeevkumarsaha]

Sir, as per a new circular, equity portion can remain 75% upto the age of 60 years and need not to be reduced after 50 years.

[amityfarms]

Dear Mukul,
Nice video on NPS Teir 1, covered all aspects in detail.
I would like to suggest you do a video on NPS Teir 2, it's features, pros and cons, taxation etc compared to Mutual funds.
Thanks

[arvindjaiswal]

Sir, please suggest some good corporate or government bonds which can give us 9-10% return yearly