Tag Archives: #HUFNPSInvestment

Can HUF invest in NPS?

Invest

Invest Invest, No, a Hindu Undivided Family (HUF) cannot in the National Pension System (NPS) in India. The NPS is a voluntary retirement savings scheme regulate by the Pension Fund Regulatory and Development Authority (PFRDA), and it is primarily design for individual taxpayers, including salaried employees, self-employed individuals, and non-resident Indians. As per the NPS… Read More »

Can HUF open NPS account?

NPS account

Can HUF open NPS account No, a Hindu Undivided Family (HUF) cannot open a National Pension System (NPS) account. NPS accounts are available only to individuals, not to HUFs or other types of entities. The NPS is a retirement savings scheme in India that is designed for individuals to contribute towards their retirement savings. As… Read More »