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WebThe National Pension System (NPS), previously known as National Pension Scheme is a voluntary pension plan launched by the Government of India to financially secure the life … WebOpen an NPS account, invest online & get NPS tax benefits under 80CCD (1B) & 80CCD(1). One time Offer Get ET Money Genius at 80% OFF, at ₹249 ₹49 for the first 3 months. Reserve Now ... A mix of stocks & FD-like investments results in a bigger bank balance. ... Return for NPS is calculated as 5 year return of HDFC Pension fund for ... Web10 apr. 2024 · To calculate the HRA exemption, follow the formula prescribed by the Income Tax Department. The formula says that the exemption should be the lowest of the following amounts: Actual HRA received. Actual rent per month minus 10% of basic monthly salary, or. 50% of basic salary (40% in case of non-metro residents) most expensive trading cards of all time