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 2018
There are certain changes in NPS withdrawal rules. What are the latest NPS withdrawal rules 2018? 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...]
Atal Pension Yojana Tax Benefits -Sec. 80CCD(1) and Sec.80CCD(1B)
Atal Pension Yojana or APY is the Government Of India's flagship social benefit pension program. Earlier when it was launched, there were no tax benefits. However, now APY is treated like NPS for tax benefits. Let us see the APY or Atal Pension Yojana Tax Benefits under Sec.80CCD(1) and … [Read more...]
Pradhan Mantri Vaya Vandana Yojana -LIC’s 8% Guaranteed Pension Plan
As it was promised by Ministry Of Finance, during the Budget 2017, the Government has announced Pradhan Mantri Vaya Vandana Yojana (PMVVY). This is available from LIC with 8% guaranteed pension plan.Let us see the features of this scheme.Note:-Budget 2018-Effective from 1st April 2018, … [Read more...]
How to move or transfer from EPF to NPS?
Based on the Budget 2016 proposal, PFRDA came out with the procedure of how to move or transfer from EPF to NPS. It is a one-time process and now you can get rid of EPF and move to NPS easily.If you are the EPF or Superannuation contributor, then you can now move to NPS (ONE TIME) without any … [Read more...]