NPS (National Pension System)

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Meaning

Full form: National Pension System.

NPS is a government-backed retirement savings plan that allows individuals to invest during their working years and get regular income after retirement.

Features

  • Open to all citizens aged 18–70.
  • Offers tax benefits under Section 80C.
  • Managed by PFRDA.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI Transaction OTPLast Updated: September 16, 2025

Definition UPI transaction OTP is a one-time password generated for verifying a UPI transaction. It provides an additional…

Tax AvoidanceOctober 16, 2025

Meaning Tax avoidance involves legally reducing one’s tax liability by exploiting provisions and loopholes within tax laws.Definition It…

What is Minority InterestLast Updated: October 21, 2024

Understanding Minority Interest Minority interest is a portion of the subsidiaries that is not owned by the parent…

TCSOctober 20, 2025

Meaning TCS is a global leader in information technology, consulting, and business solutions, empowering businesses across various sectors.Definition…