Hi Basu, Just had a query regarding NPS. Is it a good retirement planning option? I am( Age:30 yrs) investing Rs 1000 per month in it, how much pension can I expect from it after 60 yrs ( Taking its average returns into account).?
Ankur-If you opted for Equity plan, then the returns may be around 10% to 12% in long run. However, the problem is with taxation at retirement age. This income according to current slab is considered as taxable return. Hence, post-tax returns will impact your retirement. Liquidity is one more issue with this product.