@@AssetYogi Right the way he eloborate everything is superb ....his conceptual clarity is outstanding .....thank you 😊 so much sir 🙏🙏 Please aap aise hee financial suggestions dete rahiye.
NPS जैसे गम्भीर विषय पर एक अच्छी वीडियो की अति आवश्यकता थी । आपने इस विषय को बहुत खूबसूरती से सरल और स्पष्ट शब्दों मे समझाया इसके लिए आपका बहुत - बहुत धन्यवाद 🙏🏽 । इसके लिए आप बधाई के पात्र है । साथ ही आशा करता हूँ की आप इस विषय पर आने वाली वीडियो में भी इतनी सरलता से ओर स्पष्ट शब्दों में समझाएंगे । आने वाली वीडियोस के लिए हार्दिक शुभकामनाएं । Like 👍 100/100 ।
Ye bhi jaan lijiye 1.) NPS me aapka aur government ka ansh daan mila k jo bhi hoga uska 60% hi milega wo bhi tax katega uska aur jo bhi 40% hoga usko tab uss time market me invest kiya jayega aur jo profit hoga uss yearly income se aapko monthly pension milegi. Aur esme koi bottom limit nahi hai agar dub gaya paisa to jao tel lagao. 2) agar aapki normal retirement nahi hai , matlab aapko jabarjusti retire kiya jata hai jo ki abhi chal raha hai ya VRS lete hai ya 30 saal ki service complete nahi hoti to aapke total ka sirf 20% hi aapko milega , ye tax free rahega aur 80%share market me lagega. Rest is same. Matlab tax pehle naukari me rehte do phir baad me apna hissa lete time bhi do. 3.) Aapka NPS me jo 10 %kat raha hai to tax me rebate hoga but jo part gov. de rahi wo aapko per year as a income dikha ke uska tax dena hoga. 4.) Agar aapki death ho gayi service khatam hone se pehle to aapke partner ko aapke total jama rashi hi milegi, esme sarkar ka ansh daan nahi hoga aur pension bhi nahi hogi. 5.) Aap pure service tenure me sirf 3 baar hi paisa withdraw kr sakte . Uske niyam hai ki shuruaat me 3 saal tk to aap koi amount withdraw nahi kr payenge. Aur ek bar withdraw karne k baad aap 5 saal tak withdraw nahi kr sakte. Aur aap sirf apne hisse k jama me se sirf 25% hi withdraw kr payenge. 6.) Withdraw k baad aapke baad ab tk jo gov. Ka uss 25% pe amount tha wo bhi ghata diya jayega. 7.) Aapke jo hissa market me lagaya jayega unko lagane waale 3 rd party hai jiski na koi jawab dehi hai na hi loss ki koi bottom limit matlab lagaya third party ne , aapse jabarjusti lagwaya aur doob gaya to aapki jimmedari
@@AssetYogi my employer has opened a NPS account and depositing some amount in it. Can I deposit in the same account if I want to take additional tax benefit of Rs 50000. Under which column employer contribution is visible in form 16. For volunter employees contribution Do I need to deposit in same account or open different account.
Clearly described so a Lawman can also understand. Extremely thankful to you.awsome description of basic details. Plz make videos in atal pension Yojana plz.
@@AssetYogi @Indian Banker , I resigned from govt. service 2013 . As a matter of fact , no contribution of has been added since then...But,my account still active..My age is 39 now....Now, my question is if I don't withdraw/exit upto my age 60, whether my balance amount will be forfeited or freezed by the govt or refunded to the govt. account? Or, my account will be active & balance (upto 2013) will be increased ?
Asset Yogi !! Great Information. It becomes not only moral responsibility but professional responsibility to appreciate such a nice content. Keep it up.🎉
Biggest drawback of NPS is you get only half the money deposited. Remaining half has to invested in any annuity scheme whose returns are unknown and possibly not more than 5 %. (Near to RBI tax free bonds). Yet taxable. Which is very very less and will keep on becoming lesser and lesser as age progresses. Since rules permitted complete withdrawal if amount less than 2 lakh, I removed all. Beneficial only to govt employees where govt contributes matching amount thus doubling invested amount every year. For civilians it doesn't make sense. Rather PPF is currently best since withdrawal is still tax free.
Not true. If you are in 30% tax slab and don't do Rs 50k NPS per year then you surely lose 30% i.e., 15000 in tax. And in NPS you can withdraw 60% of lumpsome money. So actually you save 90% of your money. Remaining 40% is for pension which is a great option
Very very very helpful and informative from every aspects. Thanks a lot. I had some incomplete infos before the video and now i get answers to almost all.
हमारे देश में इनफार्मेशन टेक्नोलॉजी और फाइनेंस की अवस्था महाघटिया हो गयी है. जितनी भी गवर्नमेंट है वो बड़ी बड़ी स्कीम सिर्फ *लोगों के आँखों में धुल झोंकने के लिए* है सर्कार बदली नहीं की स्कीम भी बदल जाती है और बेचारे हम जैसे लोग सिर्फ आत्महत्या करते हैं जब ये फिनासिअल स्कीम में *हमारा मेहनत का पैसा* गबन हो जाता है . लानात है इन सब घोटालेबाज सर्कार पे जो सिर्फ वाहवाही के नाम पर आम आदमी के पैसे से खिलवाड़ कर रही है. बंद करो वाहवाही लूटना और पैसे गबन करना .
@@shivamrai7082 STFU, We are here to discuss on our hard earned money. Tanveer can very well ask tough question because its matter of our hard earned money
Hi, you explained well and in detail about NPS, but as an equity exposure up to 75% , this would not be able to beat ELSS in tax saving. And also, at the time of retirement or if you turn out to be 60, when you redeem the amount then only 60% are allowed to withdraw, however, that would be tax free, but for the rest 40% you will have to put in annuity to get a monthly pension. In addition to this, this pension would not be tax-free.
Thanks, Asset Yogi Channel for this Video! Please help us to understand the consequences if someone moves abroad on a permanent basis and have an account in NPS.
धन्यवाद एनपीएस के बारे में जानकारी देने के लिए। मुझे आपका हर वीडियो बहुत ही अच्छा लगता है। आपने यह नहीं बताया कि nps में टियर 1 में अकाउंट होल्डर की मृत्यु के बाद क्या पेंशन वाइफ या हसबैंड को मिलेगा या नहीं?
Hi Mukul - Great series of videos on NPS. Very information and clear presentation style. I wanted to point out 2 items in the 3 video series that were inaccurate and also have a few questions below: 1. Under Section 80 CCD(1) that allows an individual to invest up to Rs 1.5 lacs and claim deduction under Sec 80C, the limit is NOT 10% of gross income anymore. The limit is 10% of salary (in case the taxpayer is an employee) or 20% of gross total income (in case the taxpayer is self-employed/business owner). 2. The Annual minimum contribution to keep a Tier 1 account active is NOT Rs.500. It is Rs. 1000 per annum. Questions - Appreciate your responses to each: 1. Does the annuity at maturity have to be for life? Can the subscriber not choose a term-based annuity for say 10 years or 20 years? 2. What is the tax treatment on withdrawals from Tier 2 accounts (for non-government employees)? Will the withdrawals be subject to capital gains tax or regular income tax? How will this be calculated - basis, accretion, etc.? 3. Is it true that the Tier 2 deductions with 3-year lock-in that has been made available to government employees is expected to also be made available to private (non-government) employees and self-employed individuals in FY 2019-2020? 4. Do you have any insights or calculations or even reported data to share which asset managers are performing the best with highest yield's? 5. If I were to make an asset allocation change in my existing Tier 1 account, will the new asset allocation mix apply only to future contributions? Would my existing portfolio be also liquidated and reallocated to the new asset allocation mix? 6. Can I have a separate asset allocation for Tier 1 and another asset allocation for Tier 2 account? 7. Can I have a separate asset managers for Tier 1 and a different asset manager for Tier 2? 8. The current NPS statements are very basic. Are there any tools to get more detailed transaction-level and account performance details online? 9. I opened an account years ago when NPS was first started with a physical POP. Can I register directly with eNPS or CDA, etc. to be able to view and see my account and transactions online? 10. If I were to use eNPS or the mobile app to make NPS transactions would I be subject to lower or no transaction fees as I would not be using an intermediary such as the POP?
Helpful,"BADE VAI" Kabhi hamarebhi sun lo Yaar.Apko bohot baar request kya tha ECGC policy ke uper video Bana ne keliye, agli baar daliyega zaroor! LOVE from West Bengal.
Hey small doubt on NPS ... How that extra 50k exemption is calculated? Like, For respective FY, Person has already claimed 1.5 L under 80 CCD (1) by investing in schemes such as PPF, ELSS, or Tax saving FD. Now, can a person invest 50k in NPS and claim it under 80 CCD (1b)?
Nice vedio. But nps e component returns are also not good and even cant baet nifty index. Then why fund manager needed. Dirctly link it to nifty atleast 12 to 14 % return in e part.
@@AssetYogi @Vyapar Munch , My age is now 40..I quitted govt. service on 2013..In ,2020 I shifted my account to All-india Citizen scheme...My opening balance is 5.14 lakh.....I choose active investment option __50 in Equity+ 10 Corporate + 40 Govt. share....Is it wise decision ? Should I change my decision?...Plz suggest..
Sir I am a Central Government employee and regular viewer of your channel. My NPS fund is managed by SBI UTI and LIC which are auto invested. you are requested to guide me weather I should continue in existing fund managers or I should do it myself. If so which fund managers are better than above mentioned fund managers. My age is 28. Please guide me in this regards.
Can you provide detailed information about charges for opening NPS via POP and online via enps website. also provide information for further charges applicable on regular deposit.
Very useful video Sir, Its be helpful for all types i.e. new & old investors. Request U to clear the tax benefit as declaration of new Budget by Nirmala Sitaraman
@Mukul, very informative video. I have a query. Under NPS, since monthly annuity amount will b taxed as per individual's tax slab, wont it b a double taxation? I mean, till d age of 60, I m anyways paying tax on d contribution amount towards NPS (considering I m fulfilling 80c quota thru other investment options). I agree tht I will benefit from Rs.50k tax exemption dedicated for NPS contribution but what if I m looking for much higher contribution investment under NPS? So, effectively I m paying tax now till age of 60 and also will hav to pay tax on annuity receivable. Is it correct understanding or am I missing anything? Pls.if u can guide.
Great video, it's very important to have a personal retirement/pension plan for ourselves. After retirement I looked into various ways I could make more income out of my pension as I don't want to really on my pension alone, I reached out and invested with a capital investment firm with so many good retirement plans which has profited me so much lately.
Hello Arjun am retired and I have been looking into at different ways I could make more money although my past company had a pension scheme but the money is just not enough.
Am not retired yet but I want to build up good finance that will make me financially comfortable after retirements. I like to know more and how well your Investments has been going.
It has been going great, I started these Investment six months ago and within these period of time I have received an income of $52700 prior to my initial investment of $8500.
Sir aapke sare video bahut helpful rehte has... Sir request haa aapse kuch doubts clear kar de... Sir me ek private firm me kaam karti hu aur waha par PF air ESI deduct hota has to kya me phir bhi NPS me invest kar sakti hu ya nahi... Mera PF deduct hota has... Sir plz reply...
Nps is only have direct plan.you need not to pay commission to agent. The NPS provides several benefits to users 1) The most important advantage of is NPS is operated by government of India therefore ZERO Present agent commission.If you buy a pension plan from a non-governmental company then you have to pay a large commission but in case of investing in NPS there is no commission. 2)Tax benefits that can be availed under NPS are: Up to 10% of Salary, which comprises of basic and DA, under Section 80CCD (1) with an eligibility limit of Rs. 1.5 lakh under Section 80 C. Additional deduction of Rs. 50,000 under 80CCD (1B). 3) Returns/Interest A portion of the NPS goes to equities (this may not offer guaranteed returns). However, it offers returns that are much higher than other traditional tax-saving investments like the PPF. This scheme has been in effect for over a decade, and so far has delivered 8% to 10% annualized returns. In NPS you are also allowed the option to change your fund manager if you are not happy with the performance of the fund. Under NPS, the pension wealth, which accumulates over a period of time till retirement grows with a compounding effect. 4) Subscribers can withdraw up to 25% of their own contributions before attaining the age of superannuation. This is, however, subject to some conditions. 5)Under NPS, PFRDA has increased the maximum age limit from 60 years to 65 years for joining NPS. NPS provides transparency and portability through online access of the pension account by NPS subscribers. 6) Person who opting for new method of income tax returns will get benefits of NPS(Tax benefits).Other investments like ELSS, and PPF are not longer to allow for tax benefits un 80C in new income tax return. Need Help in Investing in NPS. Call @ 9166387878
Hello Mukul, I am working in Private company, from long time i have couple of questions and finding it difficult to get answers. Please help me.. 1. What is the difference between Pension Contribution (which is contributed by my Employer, which is shown in my EPF passbook) and this NPS Tier 1? What are benefits of Pension Contribution ? 2. I have already invested 1,50,000 in PPF and show it for TAX exemption in 80C, now if i want to get TAX benefits in 80 CCD (1B) can i just invest 50,000 More in NPS or i should invest all 2 Lakhs in NPS to get that additional benefit ? Thanks a lot in advance. Ravi
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Thanks Sir. Whenever I get confuse about any financial decision, I watch your video. You have made video on almost every financial problem..
Glad to hear that :)
@@AssetYogi Right the way he eloborate everything is superb ....his conceptual clarity is outstanding .....thank you 😊 so much sir 🙏🙏 Please aap aise hee financial suggestions dete rahiye.
NPS जैसे गम्भीर विषय पर एक अच्छी वीडियो की अति आवश्यकता थी । आपने इस विषय को बहुत खूबसूरती से सरल और स्पष्ट शब्दों मे समझाया इसके लिए आपका बहुत - बहुत धन्यवाद 🙏🏽 । इसके लिए आप बधाई के पात्र है । साथ ही आशा करता हूँ की आप इस विषय पर आने वाली वीडियो में भी इतनी सरलता से ओर स्पष्ट शब्दों में समझाएंगे । आने वाली वीडियोस के लिए हार्दिक शुभकामनाएं । Like 👍 100/100 ।
धन्यवाद 😊
Nps calculation me कटौती ओनली employee की डालनी है या employee+govt का
Hi
Very clearly explained. No unnecessary points. Very well articulated
Chitra Kirthivasan
Hope it's helpful Chitra :)
@@AssetYogi can I open an NPS account for my mother who is a 47year old housewife? Please reply
All your videos are gems, simple and clear style they help financially illiterate people like me
Thank you, Sir, You make things simple, instead of going through lot of videos on youtube, I must recommend your channel.
You are most welcome
Right
जबरदस्त मुकुल जी,NPS कितनी बढ़िया तरीके से समझाया अपने😊😊😊🇮🇳🇮🇳🇮🇳🇮🇳👌🏻👌🏻👌🏻🙏🙏
अतिसुन्दर
बहुत अच्छी प्रकार से आपने nps के बारे में समझाया ।
Ye bhi jaan lijiye
1.) NPS me aapka aur government ka ansh daan mila k jo bhi hoga uska 60% hi milega wo bhi tax katega uska aur jo bhi 40% hoga usko tab uss time market me invest kiya jayega aur jo profit hoga uss yearly income se aapko monthly pension milegi. Aur esme koi bottom limit nahi hai agar dub gaya paisa to jao tel lagao.
2) agar aapki normal retirement nahi hai , matlab aapko jabarjusti retire kiya jata hai jo ki abhi chal raha hai ya VRS lete hai ya 30 saal ki service complete nahi hoti to aapke total ka sirf 20% hi aapko milega , ye tax free rahega aur 80%share market me lagega. Rest is same. Matlab tax pehle naukari me rehte do phir baad me apna hissa lete time bhi do.
3.) Aapka NPS me jo 10 %kat raha hai to tax me rebate hoga but jo part gov. de rahi wo aapko per year as a income dikha ke uska tax dena hoga.
4.) Agar aapki death ho gayi service khatam hone se pehle to aapke partner ko aapke total jama rashi hi milegi, esme sarkar ka ansh daan nahi hoga aur pension bhi nahi hogi.
5.) Aap pure service tenure me sirf 3 baar hi paisa withdraw kr sakte . Uske niyam hai ki shuruaat me 3 saal tk to aap koi amount withdraw nahi kr payenge. Aur ek bar withdraw karne k baad aap 5 saal tak withdraw nahi kr sakte. Aur aap sirf apne hisse k jama me se sirf 25% hi withdraw kr payenge.
6.) Withdraw k baad aapke baad ab tk jo gov. Ka uss 25% pe amount tha wo bhi ghata diya jayega.
7.) Aapke jo hissa market me lagaya jayega unko lagane waale 3 rd party hai jiski na koi jawab dehi hai na hi loss ki koi bottom limit matlab lagaya third party ne , aapse jabarjusti lagwaya aur doob gaya to aapki jimmedari
Best channel on CZcams for all financial update 👍👍
Appreciated
Thanks sir you are making youths knowledgeable about savings.
Thank you for appreciation.
@@AssetYogi my employer has opened a NPS account and depositing some amount in it. Can I deposit in the same account if I want to take additional tax benefit of Rs 50000. Under which column employer contribution is visible in form 16. For volunter employees contribution Do I need to deposit in same account or open different account.
Agr asse hi hmare desh ke teacher present karke padhne lagge toh hmara desh No 1 hojayega 50-60 saal m hi
health+ education
Asset yogi आप बाप माणूस है !😊
Thanks Buddy. Aapke video bahut acche hote hain. Bahut accha samjhate ho aap.
Thanks Puneet
You are playing an integral role in financial awareness..good going sir..informative video👍
आपके वीडीओ काफी लाभदायक होते है.
Thanks Sandip
Mukul Bhai Thanks a lot. I had lots of doubt about NPS. This video clarified to a great extent.
Keep supporting :)
Bahot hi majhe hue tareeke se samjhaya hai Aapne...
Dhanyawad 😊
You should have uploaded these videos few days back.. Would've been helpful for lot of first time NPS investors to invest before 31st March.
What that made any difference you're in your 20's right
Clearly described so a Lawman can also understand. Extremely thankful to you.awsome description of basic details. Plz make videos in atal pension Yojana plz.
Hi sir, one of the best videos for beginners!!! Really well done!!!
Thanks
@@AssetYogi @Indian Banker , I resigned from govt. service 2013 . As a matter of fact , no contribution of has been added since then...But,my account still active..My age is 39 now....Now, my question is if I don't withdraw/exit upto my age 60, whether my balance amount will be forfeited or freezed by the govt or refunded to the govt. account? Or, my account will be active & balance (upto 2013) will be increased ?
Thank for providing very important and explained very simply way information about NPS.
Thankyou!
you are great sir, thank you for the valuable information.
Keep learning Vansh :)
Asset Yogi !!
Great Information.
It becomes not only moral responsibility but professional responsibility to appreciate such a nice content.
Keep it up.🎉
Thanks, Sunil
Biggest drawback of NPS is you get only half the money deposited. Remaining half has to invested in any annuity scheme whose returns are unknown and possibly not more than 5 %. (Near to RBI tax free bonds). Yet taxable. Which is very very less and will keep on becoming lesser and lesser as age progresses. Since rules permitted complete withdrawal if amount less than 2 lakh, I removed all. Beneficial only to govt employees where govt contributes matching amount thus doubling invested amount every year. For civilians it doesn't make sense. Rather PPF is currently best since withdrawal is still tax free.
Not true. If you are in 30% tax slab and don't do Rs 50k NPS per year then you surely lose 30% i.e., 15000 in tax. And in NPS you can withdraw 60% of lumpsome money. So actually you save 90% of your money. Remaining 40% is for pension which is a great option
Very very very helpful and informative from every aspects. Thanks a lot. I had some incomplete infos before the video and now i get answers to almost all.
Glad to hear that 😊
Sir ये schemes इतनी ही अच्छी है तो हमारे देश के विधायकों सांसदों को पर क्यों नहीं लागू होती।
Kyun ye sheme fraud hai.
Tu bhi ban jaa sansad kisne roka hai?
Piche hi pad jate ho.
हमारे देश में इनफार्मेशन टेक्नोलॉजी और फाइनेंस की अवस्था महाघटिया हो गयी है. जितनी भी गवर्नमेंट है वो बड़ी बड़ी स्कीम सिर्फ *लोगों के आँखों में धुल झोंकने के लिए* है
सर्कार बदली नहीं की स्कीम भी बदल जाती है और बेचारे हम जैसे लोग सिर्फ आत्महत्या करते हैं जब ये फिनासिअल स्कीम में *हमारा मेहनत का पैसा* गबन हो जाता है .
लानात है इन सब घोटालेबाज सर्कार पे जो सिर्फ वाहवाही के नाम पर आम आदमी के पैसे से खिलवाड़ कर रही है. बंद करो वाहवाही लूटना और पैसे गबन करना .
@@shivamrai7082 STFU, We are here to discuss on our hard earned money. Tanveer can very well ask tough question because its matter of our hard earned money
kuki wo bs 5 year ke liye hote h nd isme 60 year tk paisa dalna pdta h... jisko itna v nh smjh atta wo itni bdi bdi bt krte h
Hi, you explained well and in detail about NPS, but as an equity exposure up to 75% , this would not be able to beat ELSS in tax saving. And also, at the time of retirement or if you turn out to be 60, when you redeem the amount then only 60% are allowed to withdraw, however, that would be tax free, but for the rest 40% you will have to put in annuity to get a monthly pension. In addition to this, this pension would not be tax-free.
It will be tax free coz ur not getting more than 60k pm so u won't come in tax slab
3:19 as on date it isn't EEE scheme, one have to pay tax for pension depends upon his/her tax slab.
It is EET
But is there any tax on 60% lump sum withdrawal ?
EE and almost E
Excellent
Very simplistically explained
Thanks for sharing
Keep supporting :)
Thanks, Asset Yogi Channel for this Video! Please help us to understand the consequences if someone moves abroad on a permanent basis and have an account in NPS.
NSDL से तो लाख गुना बेहतर है यह वीडियो 👍👍👍👍
Thanks Aakash
Thank you, Mukul! Very helpful information.
Glad to hear that Manas :)
Bahot complicated hain yaaar. Good explanation. 👍
Great efforts and real service to nation by this knowledge sharing 🙏
Keep learning Kumar :)
धन्यवाद एनपीएस के बारे में जानकारी देने के लिए। मुझे आपका हर वीडियो बहुत ही अच्छा लगता है। आपने यह नहीं बताया कि nps में टियर 1 में अकाउंट होल्डर की मृत्यु के बाद क्या पेंशन वाइफ या हसबैंड को मिलेगा या नहीं?
Very informative & well explained. Thanks for this excellent video.
Very useful information and superbly presented! Thank you very much!
You're very welcome!
Very well explained. Thank you so much for your efforts.
Thank you for providing information in easy language
It's my pleasure
sir, i truly like your teaching style. its extremely easy and helpful to learn and understand.
Bebkuf na bano
Ye bhai sab agent hai
Thank you so much sir and you are assets for every indian people
Most welcome Ritesh
Sir, please make a video on NPS vs Old Pension Scheme.🙏
Bahut achhi jankari dene ke liye dhanyawad
When calculating goal for future amount keep in mind inflation also 1 crore of today wont be equal to 1 crore in 40 years from now
INDIAN ECONOMY HAS RECENTLY BEEN A DEVELOPED ECONOMY. SO THE GOOD NEWS IS THAT THE INFLATION RATE WILL DECREASE
Bahut badhiya thareeke se abhi taq samjahya....ab tumahre next vedio ko dekhta hun.....
Hi Mukul - Great series of videos on NPS. Very information and clear presentation style. I wanted to point out 2 items in the 3 video series that were inaccurate and also have a few questions below:
1. Under Section 80 CCD(1) that allows an individual to invest up to Rs 1.5 lacs and claim deduction under Sec 80C, the limit is NOT 10% of gross income anymore. The limit is 10% of salary (in case the taxpayer is an employee) or 20% of gross total income (in case the taxpayer is self-employed/business owner).
2. The Annual minimum contribution to keep a Tier 1 account active is NOT Rs.500. It is Rs. 1000 per annum.
Questions - Appreciate your responses to each:
1. Does the annuity at maturity have to be for life? Can the subscriber not choose a term-based annuity for say 10 years or 20 years?
2. What is the tax treatment on withdrawals from Tier 2 accounts (for non-government employees)? Will the withdrawals be subject to capital gains tax or regular income tax? How will this be calculated - basis, accretion, etc.?
3. Is it true that the Tier 2 deductions with 3-year lock-in that has been made available to government employees is expected to also be made available to private (non-government) employees and self-employed individuals in FY 2019-2020?
4. Do you have any insights or calculations or even reported data to share which asset managers are performing the best with highest yield's?
5. If I were to make an asset allocation change in my existing Tier 1 account, will the new asset allocation mix apply only to future contributions? Would my existing portfolio be also liquidated and reallocated to the new asset allocation mix?
6. Can I have a separate asset allocation for Tier 1 and another asset allocation for Tier 2 account?
7. Can I have a separate asset managers for Tier 1 and a different asset manager for Tier 2?
8. The current NPS statements are very basic. Are there any tools to get more detailed transaction-level and account performance details online?
9. I opened an account years ago when NPS was first started with a physical POP. Can I register directly with eNPS or CDA, etc. to be able to view and see my account and transactions online?
10. If I were to use eNPS or the mobile app to make NPS transactions would I be subject to lower or no transaction fees as I would not be using an intermediary such as the POP?
Itna likhne ke baad bhi kisi ka reply nahi hai🥴
Very nicely explained.. Liked the way you covered the topic and your attention to details is appreciable.
Thanks a lot 😊
Helpful,"BADE VAI" Kabhi hamarebhi sun lo Yaar.Apko bohot baar request kya tha ECGC policy ke uper video Bana ne keliye, agli baar daliyega zaroor! LOVE from West Bengal.
Important information ....Dene ke liye aabhar....umeed hai Aage bhi aapka sath isi trh milta rahega sir.
Dhanywaad :)
Sir, govt employee ka basic+da ka 10% deduct ho rha h...to ye to fix he rhega na ki HUM APNI MARZI SE 12 YA 15% b katwa lein??
Hi sir, thank you for making me understand this
I was confused but after I watched your video, I know all about it........
Thank you.... :)
Keep learning 😊
Such a good channel abt finances as compared to others. Keep the good work up.
Thank you for appreciating Chitransh
Wow Mukul sir.......always Feels Lucky to hear you ..very infomative & Detailed with awesome explanation 360Degree
Keep learning Nikhil :)
Hello Sir, please include cancelled cheque also in the list of doc required.
Thanks and Congratulations on the wonderful job you are doing!
Thanks Rakshak
Tell lewherther I am eligible for 50000 extra np tax exemption tell me clear
I am 76 years age pensioner
Does gov also invest in NPS for private employees??
Awesome video , Thank you sir for crystal clear information on NPS
Most welcome
Plz make a video comparing some similar retirement schemes.
bhot badhiya samjhate ho aap.!.
Dhanywaad Shivam :)
Hey small doubt on NPS ...
How that extra 50k exemption is calculated?
Like,
For respective FY, Person has already claimed 1.5 L under 80 CCD (1) by investing in schemes such as PPF, ELSS, or Tax saving FD.
Now, can a person invest 50k in NPS and claim it under 80 CCD (1b)?
Yes
Fantastic video,very knowledgeable
And you are doing very good job
Thanks asset yogi
Thanks Hussain
Thank you so much🙂 Can you tell mutual fund vs NPS?
Your videos are very balanced and excellent quality.
Nice vedio.
But nps e component returns are also not good and even cant baet nifty index. Then why fund manager needed. Dirctly link it to nifty atleast 12 to 14 % return in e part.
Thank you sir..... Aapne hamko itni kankari di
Keep learning
what happens to annuity(which is 40% of total) when the person dies before it can be recovered from monthly retirement money being paid?
This is Best Plan for Retirement Thanks Sir
Very Clear Information !! Loved it ! Waiting for the next part.
Hope it helps 😊
@@AssetYogi @Vyapar Munch , My age is now 40..I quitted govt. service on 2013..In ,2020 I shifted my account to All-india Citizen scheme...My opening balance is 5.14 lakh.....I choose active investment option __50 in Equity+ 10 Corporate + 40 Govt. share....Is it wise decision ? Should I change my decision?...Plz suggest..
Detailed explanation of NPS. Thank you
Thanks
Very useful information. Thank you. But just noticed NPS is National Pension System and not National Pension Scheme
Bohot badhiya information hai like it
Thanks
Best information sirji, I want to ask some questions after second video
I have been much benefited in finance section. 👌
Sir I am a Central Government employee and regular viewer of your channel. My NPS fund is managed by SBI UTI and LIC which are auto invested. you are requested to guide me weather I should continue in existing fund managers or I should do it myself. If so which fund managers are better than above mentioned fund managers. My age is 28. Please guide me in this regards.
valuable information shared....
Thanks a lot
Can you provide detailed information about charges for opening NPS via POP and online via enps website. also provide information for further charges applicable on regular deposit.
I salute your knowledge level
Very useful video Sir,
Its be helpful for all types i.e. new & old investors.
Request U to clear the tax benefit as declaration of new Budget by Nirmala Sitaraman
Please tell me about kisan vikas patra
Very nice understanding video
@Mukul, very informative video. I have a query. Under NPS, since monthly annuity amount will b taxed as per individual's tax slab, wont it b a double taxation? I mean, till d age of 60, I m anyways paying tax on d contribution amount towards NPS (considering I m fulfilling 80c quota thru other investment options). I agree tht I will benefit from Rs.50k tax exemption dedicated for NPS contribution but what if I m looking for much higher contribution investment under NPS? So, effectively I m paying tax now till age of 60 and also will hav to pay tax on annuity receivable. Is it correct understanding or am I missing anything?
Pls.if u can guide.
Sir .500/- k monthly investment kar sakty hai..for next 26 yrs k liye.. Kitna pension milega after 60yrs per month.?
Hello Sir, As discussed with SBI manager there is only limit to invest only up to 50,000/year.
You and your manager are c#$utiya. There is no limit on NPS investment. Also you get additional tax benefit of 50000
mukul bhai please thoda slow bolege to achha hoga ap samjate bhut achha hai pr thoda slow btaye
Thanks sir, for valuable information, I follow u.
Sir video ki series honi chahiye ek subject NPS ki jaise 1.1, 1.2, 1.3
jisse samjne me hasani ho, her bande ki samaj alag alag hoti hai.
Noted the suggestion.
If I invest in Tier-2
What will be the tax on capital gain?
I wait for this vdo. very nice information thank u bhaiya...
Glad that you found the video helpful. 😊
Great video, it's very important to have a personal retirement/pension plan for ourselves. After retirement I looked into various ways I could make more income out of my pension as I don't want to really on my pension alone, I reached out and invested with a capital investment firm with so many good retirement plans which has profited me so much lately.
Hello Arjun am retired and I have been looking into at different ways I could make more money although my past company had a pension scheme but the money is just not enough.
I have tried so many online market tradings but it hasn't been working out great for me, So can you recommend a solution for me.
Am not retired yet but I want to build up good finance that will make me financially comfortable after retirements. I like to know more and how well your Investments has been going.
It has been going great, I started these Investment six months ago and within these period of time I have received an income of $52700 prior to my initial investment of $8500.
Ok very impressive how do I connect with them
Thanks you sir, you have provided very valuable knowledge
Thanks
thank you so much yar..very useful again :)
Your explanation is superb☺️☺️
Thanks Babli :)
What is the maximum amount one can invest in NPS Tier 1 account in a single financial year?
Bahuat bdia smjaya h bhai
Dhanyawad 😊
Hello Sir, Nice video can you please make a detail comparison video on NPS vs ELSS with return and flexibility ? 🙏
Sir aapke sare video bahut helpful rehte has... Sir request haa aapse kuch doubts clear kar de...
Sir me ek private firm me kaam karti hu aur waha par PF air ESI deduct hota has to kya me phir bhi NPS me invest kar sakti hu ya nahi... Mera PF deduct hota has...
Sir plz reply...
For Teir 1 Account
After retirement maximum 60% of total corpus can be withdraw. But when the remaining 40% will be ready to withdraw?
You can't withdraw the rest of 40%. It will be given to you or your heirs as a monthly pension.
You have to purchase Anutity plans
For nps query call 8963901193 ankita icici pension dept
Sir
I think , Contribution is 6000 per year is compulsory, not 500 per year
Please make video on HUF
Benefits and requirement
Is this scheme applicable for indian defence services personnel??
Very knowledgeable video
Thanks a lot
In this NPS account do we have an option of Regular and Direct plan as we have in mutual funds?
If yes then how we can get direct plan.?
Nps is only have direct plan.you need not to pay commission to agent.
The NPS provides several benefits to users
1) The most important advantage of is NPS is operated by government of India therefore ZERO Present agent commission.If you buy a pension plan from a non-governmental company then you have to pay a large commission but in case of investing in NPS there is no commission.
2)Tax benefits that can be availed under NPS are:
Up to 10% of Salary, which comprises of basic and DA, under Section 80CCD (1) with an eligibility limit of Rs. 1.5 lakh under Section 80 C.
Additional deduction of Rs. 50,000 under 80CCD (1B).
3) Returns/Interest
A portion of the NPS goes to equities (this may not offer guaranteed returns). However, it offers returns that are much higher than other traditional tax-saving investments like the PPF. This scheme has been in effect for over a decade, and so far has delivered 8% to 10% annualized returns. In NPS you are also allowed the option to change your fund manager if you are not happy with the performance of the fund.
Under NPS, the pension wealth, which accumulates over a period of time till retirement grows with a compounding effect.
4) Subscribers can withdraw up to 25% of their own contributions before attaining the age of superannuation. This is, however, subject to some conditions.
5)Under NPS, PFRDA has increased the maximum age limit from 60 years to 65 years for joining NPS.
NPS provides transparency and portability through online access of the pension account by NPS subscribers.
6) Person who opting for new method of income tax returns will get benefits of NPS(Tax benefits).Other investments like ELSS, and PPF are not longer to allow for tax benefits un 80C in new income tax return.
Need Help in Investing in NPS.
Call @ 9166387878
मुकुल जी नमस्कार वीडियो बेहद रोचक व जानकारी से परिपूर्ण है..फिर भी एक जानकारी चाहता हूँ ..मैं पेशे से वकील हूँ क्या मुझे nps का लाभ मिल सकता है ..
जी बिलकुल। ये स्कीम सबके लिये है।
Hello Mukul,
I am working in Private company, from long time i have couple of questions and finding it difficult to get answers. Please help me..
1. What is the difference between Pension Contribution (which is contributed by my Employer, which is shown in my EPF passbook) and this NPS Tier 1? What are benefits of Pension Contribution ?
2. I have already invested 1,50,000 in PPF and show it for TAX exemption in 80C, now if i want to get TAX benefits in 80 CCD (1B) can i just invest 50,000 More in NPS or i should invest all 2 Lakhs in NPS to get that additional benefit ?
Thanks a lot in advance.
Ravi
For 2nd point , you can invest 1.5 lakhs in ppf and 50k in nps and you can save tax upto 2 lakhs