NRIs are Eligible for NPS Investment
National Pension System (NPS) is a golden investment opportunity for NRIs who are planning to shift to India after retirement. Whether NRIs are applicable for NPS investment or not- It is look after by the Pension and Fund Regulatory & Development Authority (PFRDA).
However, they are welcome to invest in NPS but not formally as Foreign Exchange Management Act (FEMA) doesn’t have its mention. Now, Reserve Bank of India (RBI) has clarified this picture nodding NRIs investment services extended to NPS. …
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