NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 40 Of 110
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Tax Benefits: NPS contributions qualify for deductions under Sections 80C and 80CCD(1B).
CRA Functions: CRA handles recordkeeping, account maintenance, and subscriber services.
POP Responsibilities: POPs facilitate account opening, contributions, and withdrawals.
Trustee Bank: Manages fund flows between subscribers, pension funds, and ASPs.
Custodian Role: Holds and manages securities for NPS investments.
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