NPS National Pension Scheme

Finance

National Pension Scheme: Integrating Financial Planning for Retirement

    Introduction to NPS The National Pension Scheme (NPS), introduced by the Pension Fund Regulatory and Development Authority (PFRDA), is a widely recognized retirement plan in India. The primary purpose of the NPS National Pension Scheme is to provide income security and financial stability during the post-retirement years. It works on the principle of defined contributions, where the individual…