NPS Calculator
National Pension System
Inputs
At retirement
Total invested
Corpus at retirement
Lump-sum withdrawal
In annuity
Monthly pension
How NPS works
National Pension System is a Government-regulated, market-linked retirement scheme. Contributions accumulate till age 60 (extendable to 75). At retirement, you must annuitise at least 40% — that portion becomes your monthly pension. The remaining (up to 60%) is paid as a tax-free lump sum.
Tax benefits
- 80C deduction up to ₹1.5 L/year (combined with PPF, ELSS, EPF etc.)
- Additional 80CCD(1B) deduction of ₹50,000/year — exclusive to NPS
- Employer contributions up to 14% of basic+DA are tax-exempt under 80CCD(2)
The 60% lump-sum is tax-free at maturity; the annuity income is taxed at slab rate.