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...]
NPS Tax Benefits 2019 – Sec.80CCD(1), 80CCD(2) and 80CCD(1B)
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...]
Difference between LIC’s Jeevan Shanti Vs Jeevan Akshay VI
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...]
LIC Jeevan Shanti – Single Premium Guaranteed Pension Plan Features, Benefits and Review
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...]
Retirement Calculators – Why you must NOT trust
The biggest goal of an individual's financial life is to plan for Retirement. Hence, the financial industry came up with so many FANCY Retirement Calculators. You just have to input the data and within few minutes you end up with desired numbers to achieve the retirement goal. Is Retirement … [Read more...]
Latest NPS Withdrawal Rules 2019
There are certain changes in NPS withdrawal rules. What are the latest NPS withdrawal rules 2019? NPS is now a big additional tax saving investment avenue for many. For this purpose, it is important for all investors to have an eye on such changes. Before proceeding further, let us look back … [Read more...]
National Pension Scheme (NPS) – 5 Biggest Disadvantages
Are you National Pension Scheme (NPS) investors? Are you investing just for the purpose of additional tax benefits? Or are you investing thinking that it is Government managed product and hence there is the highest degree of safety? Let me clear all your these myths in this post. As I pointed … [Read more...]
NPS Returns for 2018 – Who is best NPS Fund Manager?
Many of us investing in NPS (National Pension Scheme). But have you ever checked NPS Returns for 2018? Whether you analyzed who is the best NPS Fund Manager for 2018 or which is the best NPS Scheme for 2018? NPS now slowly turning to be one of the major investment choices for many of us. It may … [Read more...]