Wed, Jul 10, 2024
While the EPF scheme offers a fixed compound return of 8.25 per cent annually, the NPS is a market-linked scheme, where the returns may vary based on equity proportion or fund manager selection. The interest earned and the maturity amount in EPF are tax-free, while there is no tax on NPS corpus if one is withdrawing up to a 60 per cent lump sum at the time of retirement.
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Mon, May 15, 2017
It said 40 per cent of Baby Boomers believe that their own generation is in the best position to retire comfortably.
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