NPS or National Pension Scheme is a scheme to plan retirement. This scheme works on a similar concept like EPS in India or 401K in the USA. The concept is to accumulate funds for a subscriber in an account and provide him a pension (annuity) after retirement. Let’s see the NPS details, it’s tax benefitRead More
NPS
NPS (National Pension Scheme) Complete Details Pt2
NPS is flagship scheme of India under the retirement category. NPS has gained popularity but still due to technicality the scheme needs to be understood to get proper benefits. Here are the complete details of National Pension Scheme or NPS India. This is a two-part post as I wanted to cover each & every detailRead More
10 Best Articles Of 2017
We wrote many good articles on Personal Finance & Investments. Based on the most read parameter here is the collection of best articles on Mutual Fund, Equity, Insurance, Personal Finance & Investments written in 2017. Can You Handle Not Owning Bitcoins? Humorous Images This is called Fear Of Missing Out… (FOMO)… When everyone is making money…Read More
Tax Benefits of NPS Investment- Updated NPS Taxation
NPS is an excellent tool for retirement planning, especially for private sector employees. Many people in the financial advisory space have doubted this product due to its tax inefficiency. They consider NPS Taxation less efficient due non-clarity in guidelines of tax saving NPS. This article is the latest update on tax saving benefits of NPSRead More
Are PPF for NRI or NSC for NRI Redundant?
It’s very clear that government is doing its best to reduce the subsidy liability and wants to bring everyone to “market-linked” umbrella. But NRI’s being the center of attraction, did not expect that they will not be allowed to share the benefits of PPF & NSC. PPF for NRI & NSC for NRI has changedRead More
Transfer Your EPF To NPS – Details & NPS Performance
In the budget of 2015-16, the government had announced that they will allow funds to be transferred from Employee Provident Fund EPF to NPS or National Pension Scheme. Finally, this has arrived, now you can Transfer EPF TO NPS. This is like one-way portability between two different superannuation schemes. And finally this last Monday, 06Read More