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Discover the benefits of offering the National Pension System to your employees, a cost-effective retirement savings plan managed by the Government of India. Employees can save up to 10% of Basic + DA on taxes, with additional tax benefits and can choose from multiple fund managers to suit their investment preferences. Employers can claim tax deductions on NPS contributions, making it a valuable perk for both parties. The NPS is portable, offers investment flexibility, and helps in building a secure retirement fund alongside EPF. Visit www.fundsindia.com/npsforcorporates for more information.
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Benefits of offering the National Pension System to your employees www.fundsindia.com
National Pension System • Created by Government of India. • Managed by PFRDA (Pension Fund Regulatory development Authority). • Additional tax benefits for an employee upto 10% of Basic + DA over and above all the other tax savings options. • Lowest cost pension plan in the world. • Totally FREE for the employer. • Portable across organizations. • Investment choice with the employee – Auto choice & Active choice. • Only instrument that can invest in capital markets and save on taxes under 80 (c) after Direct Tax Code. • Retirement savings – in addition to EPF. Benefits:
Benefit Illustration • Unbeatable Tax Savings • Employee saves on taxes up to 10% of Basic in addition to 80 (c) tax savings • Employer can claim tax deductions for the NPS contribution.
Fund Manager & Fund Description • Subscriber can choose any one of the following six Pension Fund Managers: • ICICI Prudential Pension Fund Management Company Limited. • IDFC Pension Fund Management Company Limited. • Kotak Mahindra Pension Fund Limited. • Reliance Capital Pension Fund Limited. • SBI Pension Funds Limited. • UTI Retirement Solutions Limited. Allotment Table Note: Allotment can be changed once a year
Fee Illustration NPS Annual Fee Illustration - Subscriber • One time charges: • Permanent Retirement Account Number (PRAN) registration fee: Rs.50/- • Initial subscriber registration POP charges: Rs.100/-
FundsIndia Advantage Who we are • Convenient online enrollment and account maintenance process for employees • Contributions fully managed online for employers • Payroll deduction & one-cheque from employer for all employee contributions • Statements and reports online for employee and employers – anytime access on web and mobile • Totally FREE for the employer
Our clients And many more….
Thank you For more information please visit www.fundsindia.com/npsforcorporates contact@fundsindia.com 044-43443100 www.fundsindia.com