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NPS Fee Changes: Rs 200 Onboarding Fee & 0.20% Annual Charge
NPS subscribers face a new Rs 200 onboarding fee starting Oct 1. This fee applies to each Permanent Retirement Account Number (PRAN) registered through a PoP, but won't be deducted all at once. Additionally, an annual charge of 0.20% will be implemented, impacting the overall cost of managing retirement accounts. Stay informed about these changes to better plan your finances.
βοΈ AI Verdict
"Looks like it's time to budget for those new NPS fees!"
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File ID: #387291Original Source: Times Of India β
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