Benefits of joining Corporate National Pension System(NPS)
Benefits to Employees
For Senior Employees
Corporate NPS offers a platform to save tax beyond the 80C limit of 1.5 lakh.
It is a cost-effective investment option that allows exposure to equity suitable for senior management that helps them build higher retirement corpus with low fund management charges
For Middle & Junior Employees
Corporate NPS offers a platform for triple tax benefits.
Cost-effective instrument that allows equity exposure as high as 75%. Additionally, it is a Systematic investment plan for retirement where you can start NPS investments with as low as Rs.500/-
For Senior Employees
Corporate NPS offers a platform to save tax beyond the 80C limit of 1.5 lakh.
It is a cost-effective investment option that allows exposure to equity suitable for senior management that helps them build higher retirement corpus with low fund management charges
For Middle & Junior Employees
Corporate NPS offers a platform for triple tax benefits.
Cost-effective instrument that allows equity exposure as high as 75%. Additionally, it is a Systematic investment plan for retirement where you can start NPS investments with as low as Rs.500/-
Benefits to Employer
No Cost of joining
Corporate can join NPS free of cost with no set-up or maintenance cost.
There is no need to form a trust in NPS as other employee benefit schemes.
We offer a simple process to add or remove employees from Corporate model at any point of time.
No Account Related Obligation
Corporate acts as a mere facilitator.
All account related maintenance responsibilities and obligations remain with the employee only.
Additional Flexibility to Corporate
Corporate can roll out NPS as a voluntary scheme or mandatory scheme for all employees or a certain set of employees only. The decision remains with employer.
Corporate can fix the frequency & percentage of deduction from employee’s salary.
No Cost of joining
Corporate can join NPS free of cost with no set-up or maintenance cost.
There is no need to form a trust in NPS as other employee benefit schemes.
We offer a simple process to add or remove employees from Corporate model at any point of time
No Account Related Obligation
Corporate acts as a mere facilitator
All account related maintenance responsibilities and obligations remain with the employee only.
Additional Flexibility to Corporate
Corporate can roll out NPS as a voluntary scheme or mandatory scheme for all employees or a certain set of employees only. The decision remains with employer.
Corporate can fix the frequency & percentage of deduction from employee’s salary.