knight
TF Ace
I believe you mean the ~32% income tax that we don't pay while putting in NPS..However if you are getting income tax benefit then you have to consider initial benefit of 31.2%~39% on actual contribution every year.. Like you are actually investing 61-70% only of amount in your calculation.
It's factored in as NPS contribution is considered 50K while MF contribution is considered 34K