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NPS (National Pension System) gives extra ₹50,000 tax deduction under 80CCD(1B) above the ₹1.5L limit of 80C.
| Monthly | Years | Corpus (10%) | Monthly Pension* |
|---|---|---|---|
| ₹5,000 | 25 | ₹66.47L | ₹26,588 |
| ₹5,000 | 30 | ₹1.13 Cr | ₹45,200 |
| ₹10,000 | 25 | ₹1.33 Cr | ₹53,176 |
| ₹10,000 | 30 | ₹2.26 Cr | ₹90,400 |
*40% of corpus must be used to buy annuity. Pension estimated at 6% annuity rate.
Calculate your NPS: Retirement Calculator
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