New Pension Scheme ( NPS) : Series 1E

What are the other implications?

One-time registration cost: Rs 100
Annual fees: Rs 350
Cost for every transaction: Rs 30
Fund management fee: 0.009 per cent per annum.
Annual asset servicing charges: Electronic (0.0075 per cent), physical (0.05 per cent) segment

All pension fund investments are tax free and fall under the Rs 1 lakh limit of Section 80C of the Income Tax Act. But withdrawals are fully taxed.

While maintaining an account is not costly your withdrawals are fully taxed