Respected Sir, I am working under Tamil Nadu Government and 10% of my basic+DA is being deducted under CPS. Recently I contacted the Bank Manager(of an esteemed Nationalized bank where I hold my SB account) for the purpose of opening NPS account(for my post retirement life and for Tax saving under 80CCD). But she told that I am not eligible for opening NPS account as I already have CPS account. I need your esteemed expert opinion regarding this sir. kindly clarify sir....... Thank you Sir.
Respected Sir, I am working under Tamil Nadu Government and 10% of my basic+DA is being deducted under CPS. Recently I contacted the Bank Manager(of an esteemed Nationalized bank where I hold my SB account) for the purpose of opening NPS account(for my post retirement life and for Tax saving under 80CCD). But she told that I am not eligible for opening NPS account as I already have CPS account. I need your esteemed expert opinion regarding this sir. kindly clarify sir....... Thank you Sir.
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