All Indian residents have access to the National Pension System (NPS), a voluntary defined contribution pension plan governed by the Pension Fund Regulatory and Development Authority (PFRDA).
While equity mutual funds invest at least 65% of their assets in equity and equity-related instruments, NPS Tier 2 accounts allow for up to 50% of the total corpus to be invested in equity-oriented schemes.
You can apply for PAN by filling up Application for Allotment of Permanent Account Number. PAN application can be made either online through two websites Protean eGov Technologies Limited (formerly NSDL) and UTIITSL.
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