NPS Calculator
Estimate your pension and corpus under the National Pension System
Year-by-Year Growth
Watch your NPS corpus grow over time
| Year | Age | Invested | Corpus | Returns |
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Government-Backed Security
NPS is regulated by PFRDA (Pension Fund Regulatory and Development Authority), offering a safe and transparent retirement savings option.
Tax Benefits up to ₹2L
Get tax deductions under Section 80CCD(1) within 80C limit (₹1.5L) plus an additional ₹50,000 under Section 80CCD(1B).
Flexible Asset Allocation
Choose between Equity, Corporate Bonds, and Government Securities. Active choice lets you allocate up to 75% in equities.
Understanding NPS Tax Implications
Phase 1: Investment Phase
- Old Regime: Up to ₹1.5L deduction under Sec 80C + ₹50k under Sec 80CCD(1B). Employer contribution may be deductible under Sec 80CCD(2), subject to applicable limits.
- New Regime: Only Employer contribution (Sec 80CCD(2)) may be eligible for deduction, subject to applicable limits.
Phase 2: Withdrawal Phase (at Age 60)
- Up to 60% of the total corpus withdrawn as a Lumpsum is completely Tax-Free.
- The amount used to purchase an Annuity is also Tax-Free.
Phase 3: Pension Phase
- The monthly pension you receive from the annuity is treated as regular income and is Taxable according to your income tax slab during retirement.