NPS Calculator

Every input of the official NPS Trust calculator is here — existing Tier I corpus, contribute-till age, deferred exit (up to 85, corpus compounding without contributions), annual step-up, annuity share and rate, and the desired-pension check with its "raise the contribution or raise the annuity share" options. What the official tool never shows, this one does: the pension after tax and in today's money — the number you will actually live on. (Tier II balances are deliberately out of scope: Tier II is a plain withdrawable investment account with no annuity or exit rules, so it doesn't belong in a pension projection.)

Tax: NPS is nearly-EEE with one taxed leg. The lump sum (up to 60% of corpus at exit) is entirely tax-free. The annuity pension is taxed at your slab as ordinary income — set your expected retirement slab above (0 if total retirement income stays under the ₹12L new-regime rebate). On the way in: your own contributions get 80CCD(1) plus an extra ₹50,000 under 80CCD(1B) — both old regime only — while an employer contribution under 80CCD(2) (up to 14% of Basic+DA) is deductible even in the new regime, the most under-used tax break for salaried India. Partial withdrawals (up to 25% of own contributions, 3 times) are tax-free. Your expected return depends on the scheme mix you pick (equity is capped at 75%); the official calculator's sector/scheme dropdown does nothing more than suggest that number.