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National Pension System (NPS)

Pension Fund Regulatory and Development Authority (PFRDA) has launched the NPS for old age pension for citizens who are not covered under pension scheme. There are four categories of subscribes under NPS [1] Central Govt employees [2] State Govt Employees [3] All Citizen Model and [4] Corporate Sector Model. PFRDA has appointed our Company as a Point of Presence (POP) for opening the Pension a/c and collection of subscriptions. The salient features of the NPS are as under:

Gujarat Infotech Limited is Authorized National Pension System - NPS Scheme Agent, POP, Centre, Company in Ahmedabad Gujarat (India), a point of presence appointed by PFRDA. NPS is used for investment in retirement plans or financial planning & save income tax altogether.

Safety of the fund as it is monitored by PFRDA
Exclusive Income Tax Benefit
Lowest charges on fund management
Complete Transparency

Web based functionalities
Options to select and change investment mix and Fund Manager
Flexibility in Amt of investment and frequency of payment of subscription
Add on facility of Tier II a/c for investment with 100% liquidity

Refund of the corpus in case of death
Facility of Part withdrawal for specific purposes
Facility for premature exit from the scheme
Corporate Sector can also contribute in the a/c of the employees with I T benefit to employees

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National Pension System (NPS)