NPS offers two accounts: Tier-I and Tier-II accounts. Tier-I is a mandatory account and Tier-II is voluntary. The big difference between the two is on withdrawal of money invested in them. You cannot withdraw the entire money from Tier-I account till your retirement. Even on retirement, there are restrictions on withdrawal on the Tier-I account.

You must have, sometimes, wondered how the Tatkal ticket service of the IRCTC (Indian Railway Catering and Tourism Corporation) is exhausted most of the time. How within a few minutes after the start of the Tatkal booking at the IRCTC portal, the system shows that all Tatkal tickets have been booked already. The Railways authorities recently found

An employee’s own contribution is eligible for a tax deduction –up to 10 per cent of the salary (basic plus DA) – under Section 80CCD(1) of the Income Tax Act within the overall ceiling of Rs 1.5 lakh allowed under Section 80C and Section 80CCE. The employer’s contribution to NPS is exempted under Section 80CCD (2). Moreover, individuals