HI SIR, I AM a salaried individual in 30% tax bracket. I want to ask how good is nps for retirement and addl tax saving above 80c. Overall iis it good to go. Pls compare with atal . my age is 30. I am in an organized govt sector without pension. Thanks
Satyan-Tax Saving is a buzz when investing in NPS. But the lack of liquidity and taxation issue during withdrawal made it one of inefficient retirement product. Hence, I suggest to stay away from both NPS and APY. Better to start accumulating retirement corpus on your own by investing in an equity mutual funds.