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Raise a hgs query and they will provide you an email to which you need to provide the PRAN, date of birth, employee ID and they will link ur tier one account to corporate NPS and then once it's changed you need to update the PRAN in hgs
Pro
Drop a note to Bhavin Nalawalla...but I would suggest you not to join corporate NPS as KGS only allows investment in govt bonds and no equity.
Pro
Bhavin se pucho
Thank you. I have one more doubt.
I have declared 50k under section 80CCD.
If I take this corporate NPS, would it be also included in Section 80CCD.
Thanks
Also try to use max of eligibility.. Because 35 rupees will be charged every month for this by government.. So if you allocate 1000 Rs also 35 will be charged for this..
Thank you 😀😀😀.
So eligibility amount will be decided by KPMG and I can choose min Or max amount for NPS investment.
In future, If I am leave the firm then what will happen with the corporate account? Will it be still linked with KPMG or any transfer option would be there?
Yes.. Eligibility will be like 10% of ur basic pay.. If you change your organization then u can switch the corporate NPS to new company or leave it as it is..
Thank you All.
Bhavin Nalawalla ji ko mail kar diya.