Secure your family’s future with Axis Max Life & save tax up to ₹46,800 under 80C. Secure your child’s dreams with Axis Max Life Child Plans – invest in their bright future. The Central Government introduced NPS for all Central Government employees from January 1, 2004, except for the Armed Forces. Thus, all Central Government employees joining on or after January 1, 2004, are mandatorily covered under the NPS scheme . NPS is also extended to the employees of Central Autonomous Bodies (CABs) joining on or after January 1, 2004. As per the notification by the Ministry of Finance, CABs are allowed to contribute to the NPS account of their employees who have joined ... NPS is a market-linked voluntary contribution scheme that helps you save for your retirement. The scheme is simple, systematic, portable and flexible and is one of the most efficient ways of boosting your retirement income. Know about National Pension System scheme . Read about the types of NPS , how to invest in NPS & check balance, eligibility, withdrawal & calculation rules.