Benefits of National Pension Scheme are 1 NPS offers returns higher than traditional instruments lik...........

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Benefits of National Pension Scheme are :-

1.NPS offers returns higher than traditional instruments like the PPF (Public Provident Fund).

2.It offers many investment options to subscribers who also have a say in where their funds are invested.

3.The NPS reduces the retirement liabilities of the government.

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Explanation:

NPS Benefits-
-NPS offers returns higher than traditional instruments like the PPF (Public Provident Fund).
-It offers many investment options to subscribers who also have a say in where their funds are invested.
-The NPS reduces the retirement liabilities of the government.
-If the subscriber has been investing for at least three years, he/she can withdraw up to 25% for certain purposes before retirement (age 60). This withdrawal can be done for up to 3 times with a gap of at least 5 years between each withdrawal. These restrictions are only for tier I and not tier II accounts.
-The entire amount cannot be withdrawn by the account-holder on retirement. 60% can be withdrawn which has now been made tax-free. The rest 40% has to be kept aside so that the subscriber can receive a regular pension from an insurance firm.