NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 42 Of 110
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D-Remit Facility: Enables direct voluntary contributions to NPS accounts.
Grievance Redressal: NPS has a structured grievance redressal mechanism via CRA.
Tax Saver Scheme: Tier II Tax Saver Scheme offers additional tax benefits.
Investment Returns: NPS returns are market-linked, depending on fund performance.
Account Maintenance: CRA handles changes in subscriber details and account services.
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