I am planning to invest 50K extra into NPS which Govt allows us to invest for TAX benefit. Please Clarify on below
1. Do we have one time investment option in NPS?
2. If Not how many years minimum we have to invest?
3. Is there any minimum amount which we can invest to keep NPS account Active?
4. If I invest into Tier 2 account , Can I withdraw entire amount?
5. I heard even for Tier2 account we need to open Tier 1 account? Why do we need tier 1 account and what amount will exist in this account?
Appreciate your help on this