NISM 10B Investment Adviser Level 2 Notes
Page 38 Of 180
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VPF: Voluntary Provident Fund allows higher EPF contributions.
Superannuation Fund: Employer-managed fund for retirement benefits.
Gratuity: Lump-sum payment post-retirement, tax-exempt up to a limit.
Annuities: Provide regular income, purchased with a lump-sum payment.
Immediate Annuity: Income starts soon after purchase.
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