In order to promote NPS in corporate sector, NPS Corporate Sector model was launched by the regulator in December, 2011. It is based on the concept of Employer-Employee relationship.
Under the NPS Corporate Sector model, the employee as well as the employer, can contribute to Tier I NPS account of the employee as mentioned below:
Tax Benefit on Tier-1 Contribution
An employee can join NPS through Corporate Sector model only if his/her employer is registered for the same. In order to know more about NPS Corporate Sector Model, please write to email@example.com
Get T-PIN from CRA. By using this T-PIN, subscribers can call on CRA call centre number to access their account details.
NPS offers 4 fund choices to subscribers: