What is Superannuation Benefit in India and How to calculate it? When we think of retirement benefits, Employees Provident Fund (EPF) Public Provident Fund (PPF), Gratuity and National Pension Scheme (NPS) are the few things that strike our mind. Very few people know that there is another benefit plan existing known as the superannuation benefit. […]
Category: Retirement Planning
If you are planning for early retirement or want to do retirement planning in disciplined approach, you are at right place. Tips provided here would help you to accumulate retirement corpus ahead of time.
How to open corporate NPS Scheme in India? National Pension Scheme (NPS) is one of the good and safe retirement tool for low risk investors. It is a pension plan in which one can invest during his working years and withdraw at the time of retirement. However, many people are unaware about the corporate model […]
Best Investment Plan in India for Senior Citizens Once you retire, you would have earned a good amount of retirement money, however your regular monthly income stops. You feel, your luxury has gone away. You would try to reduce your expenses. This is what most of the Senior Citizens in India think. However, as a […]
How Pension Income is Taxable in India and can we avoid or reduce tax? The biggest tension in the life of an employee is what would be his source of income after retirement and how would he meet his day-to-day requirements. Banks or Insurance companies have a variety of retirement plans for such retired individuals […]
Latest NPS Withdrawal Rules 2018 – Is NPS now attractive compared to other plans? NPS is one of the good retirement scheme. Recently there were latest NPS withdrawal rules that came in 2018. PFRDA has relaxed guidelines where one can withdraw upto 25% of their NPS share based on certain tems and conditions. This could […]