Prime Minister Mr.Narendra Modi today launched a pension scheme called National Pension Scheme for Traders and Self Employed Persons Yojana.This particular NPS is meant for traders and Self Employed Persons. It is I think in line with APY (Atal Pension Yojana) which was launched for lower … [Read more...] about National Pension Scheme for Traders and Self Employed Persons Yojana – A GIMMICK
When we do the planning, the biggest priority is, of course, Retirement Planning. However, there are certain instances where you are FORCED towards your retirement. How well are you prepared for such unplanned retirement?The psychology of the common people is that they start to think about … [Read more...] about How well are you prepared for FORCED Retirement?
Pradhan Mantri Shram Yogi Maan-Dhan a Rs.3,000 monthly pension scheme will be launched from 15th February 2019. Let us see its features and eligibility.You may be aware that during the Budget 2019, Finance Ministry announced this Pradhan Mantri Shram Yogi Maan-Dhan. The same is now going to be … [Read more...] about Pradhan Mantri Shram Yogi Maan-Dhan – Features and Eligibility
Do you know the changed NPS Tax Benefits 2019? How NPS will be taxed under different IT Sections like Sec.80CCD(1), 80CCD(2) and 80CCD(1B)?Recently Government of India changed certain rules related to NPS. Long back, I have already written a post regarding NPS Tax Benefits. However, considering … [Read more...] about NPS Tax Benefits 2019 – Sec.80CCD(1), 80CCD(2) and 80CCD(1B)
Recently LIC launched one more pension plan called Jeevan Shanti. However, what is the difference between LIC's Jeevan Shanti Vs Jeevan Akshay VI? Because both are LIC's pension plans. But meant for the different purpose. Hence, let us understand the differences.Before jumping into understanding … [Read more...] about Difference between LIC’s Jeevan Shanti Vs Jeevan Akshay VI
LIC Jeevan Shanti is a new single premium guaranteed pension plan which is launching on 12th September 2018. It offers the guaranteed pension with options like an immediate pension or deferred pension.You may be aware that LIC's Jeevan Akshay VI also offers the guaranteed pension plan. However, … [Read more...] about LIC Jeevan Shanti – Single Premium Guaranteed Pension Plan Features, Benefits and Review