Does having corporate NPS account make any difference? Ultimately we get 50k additional deduction only ,right? So between an employee giving a voluntary contri of 50k to an individual nps account and another whose employer's contri 50k to corporate account will give the same benefits, isn't this understanding correct?

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Digressing from the topic a little, NPS as an investment has extremely low liquidity. Practically you’ll only be allowed to redeem post retirement plus you have limited control on the investment decision of fund manager of the scheme. Instead I strongly suggest investing via SIP route in Index Mutual funds which will certainly give you a higher performance in comparison to NPS in the long run and the higher return will compensate tax savings component of NPS.

Assuming 50K contribution (for 35yr aged professional) for 25 yrs stepped up by 10% every year and assuming a CAGR of 12% the invested amount may grow up to 1.5 to 2 Cr. Having no ability to withdraw this amount upto retirement may pose a “Asset Rich Liquidity Poor” situation.

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know your employer contribution is also exemptiirrespecative of amount

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Thanks for informing!

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