Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

AMFI · ARN-356973

PSS VenturesWealth · North East
NPS tax saving

NPS for salaried (80CCD(1B))NPS Calculator

For salaried investors under the old tax regime, NPS contributions qualify for an extra ₹50,000 deduction under 80CCD(1B), over and above the ₹1.5 L 80C limit. A ₹4,167/month NPS SIP (₹50K/year) saves ₹15,000/year in tax at the 30% slab — a tax saving, not an investment return, and the one part of the outcome the tax code fixes in advance.

1859
6075

NPS Tier-I matures at 60+

₹500₹50,000
6%14%

NPS Active Choice: equity capped at 75% till 50

You invest
₹16.20 L
30 years
Corpus at age 60
₹1.03 Cr
Lump sum (60%, tax-free)
₹61.54 L
Monthly annuity (40% @ 6%)
₹20.5 K
INSIGHTAt 10% over 30 years, a 4,500/mo NPS Tier-I contribution builds ₹1.03 Cr. Per PFRDA, 60% (₹61.54 L) is a tax-free lump sum at 60; the other 40% (₹41.03 L) buys a lifetime annuity (~₹20.5 K/mo at 6%).
INSIGHTUnder the old tax regime, contributions up to ₹50,000/year qualify for the extra 80CCD(1B) deduction — worth ₹15.0 K/year at the 30% slab (you're contributing ₹50.0 K eligible).
Annuity rate of 6% is an industry planning default; actual rates vary across empanelled insurers. NPS gains within Tier-I are tax-deferred till withdrawal.

3 equity schemes to pair with your NPS

Matching…

Shortlisted by category, horizon and cost — not a recommendation of the “best” fund. Read scheme documents before investing. Mutual fund investments are subject to market risks.

What the extra ₹50,000 under 80CCD(1B) is actually worth

At the 30% slab, the ₹50,000 contribution saves ₹15,000 in tax. That is a deduction rather than a return — the money stays invested and stays market-linked — but it is the only part of the outcome that is settled the day you contribute. The underlying equity-heavy allocation then compounds on top of it.

If your employer also contributes under 80CCD(2) — up to 10% of basic+DA (14% for central government employees) — that's additional tax-free territory that doesn't eat into your ₹50K personal contribution.

Active vs Auto choice for salaried

Active Choice with 75% equity till age 45-50 then a glide path is the standard recommendation for salaried investors with a long horizon and existing equity exposure elsewhere. Auto Choice LC75 is the hands-off equivalent — same peak equity, automatic glide path.

Switch the allocation no more than once a year. PFRDA allows multiple changes but frequent switching costs you the compounding benefit and signals over-trading.

Plan the exit alongside the entry

60% of the corpus at age 60 is a tax-free lump sum; 40% must buy a lifetime annuity. The annuity income is taxable as 'income from other sources'. Plan the lump-sum deployment now — most retirees route it into a 2-bucket SWP for monthly income.

Request a callback for a salaried-investor NPS setup walkthrough, including PFM choice and pairing with your equity SIPs.

Other nps calculator use-cases

Same calculator, different goal defaults.

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More on nps calculator

Project a National Pension System corpus to age 60, then split it the way PFRDA requires — 60% as a tax-free lump sum, 40% into an annuity you cannot skip.

Read the full nps calculator guide

FAQ

Why does NPS mandate annuity at maturity?
PFRDA regulations require at least 40% of the maturity corpus to be used to purchase a lifetime annuity from an empanelled insurer. The remaining 60% can be taken as a tax-free lump sum at age 60.

How matching works

  1. Enter your age and retirement age. NPS Tier-I exits at 60 by default; up to 75 with annual extensions.
  2. Set your monthly contribution. Cover at least ₹50,000/year (₹4,167/mo) to maximise 80CCD(1B) if you're on the old regime.
  3. Pick a return assumption. 10% reflects an Active Choice with 75% equity. Use 8% for Auto LC50 / LC25.
  4. Read the corpus and annuity split. 60% lump-sum is tax-free; 40% buys an annuity. Plan the post-NPS bucket separately.
  5. Set up the account with an advisor. Request a callback; we'll walk you through PFM selection, scheme choice, and the e-NPS / POP onboarding.