Discover and read the best of Twitter Threads about #NationalPensionScheme
Most recents (2)
Debate on the Old Pension Scheme (OPS) vs New Pension Scheme is very hot😲
The financial impact is very complex to understand🤔
I've researched for 10+ hrs, so you don't have to🥂
A thread🧵👇
The financial impact is very complex to understand🤔
I've researched for 10+ hrs, so you don't have to🥂
A thread🧵👇
In this thread, we'll cover:
[1] How is pension calculated?
[2] How much does it cost to the centre & state govts?
[3] What part of Budget goes towards pensions?
[4] What if we bring back OPS and how sustainable it is?
[5] If no, then what else can be done?
[1] How is pension calculated?
[2] How much does it cost to the centre & state govts?
[3] What part of Budget goes towards pensions?
[4] What if we bring back OPS and how sustainable it is?
[5] If no, then what else can be done?
Please read this with an open mind as I'm not biased:
🔶 My Grandfather received pension and it used to be his pride
🔶 My father has been a pvt sector employee all his life
🔶 I am a young guy, and I've been equally close to both ideologies - Pensioner and Pvt Sector employee
🔶 My Grandfather received pension and it used to be his pride
🔶 My father has been a pvt sector employee all his life
🔶 I am a young guy, and I've been equally close to both ideologies - Pensioner and Pvt Sector employee
National Pension Scheme (NPS) is the new hot deduction everyone is talking about.
We've spent a lot of time dissecting #NPS. Here's everything you need to know.
A Thread 🧵
Like and RT 🚀
#NationalPensionScheme #Investing #PersonalFinance
We've spent a lot of time dissecting #NPS. Here's everything you need to know.
A Thread 🧵
Like and RT 🚀
#NationalPensionScheme #Investing #PersonalFinance
1/ First up, here's a detailed article on NPS and why it might be good idea to start investing in an NPS:
thegalacticadvisors.com/post/national-…
thegalacticadvisors.com/post/national-…
2/ Let’s focus on the deduction aspect here ✂️
Deduction under 80CCD is available upto:
• Employed person:
Can contribute upto 10% of salary to NPS. This 10% is in addition to the INR 1,50,000 limit under Section 80C.
Deduction under 80CCD is available upto:
• Employed person:
Can contribute upto 10% of salary to NPS. This 10% is in addition to the INR 1,50,000 limit under Section 80C.
