Indialife First Guaranteed Retirement Plan – Does it really offer 9% returns?

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Indialife First Guaranteed Retirement Plan Review Last week, Indialife First has launched Guaranteed Retirement Plan indicating it would provide 9% guaranteed returns. Indialife First is a joint venture between Bank of Baroda & Legal and General (UK). Indialife First Guaranteed Retirement Plan is first pension plan from them. While investors would get tempted and get attracted towards such pension plans […]

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Senior Citizen Saving Scheme – Features, Benefits, Taxation and Opening account

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Senior Citizen Saving Scheme – Features, Benefits, Taxation and Opening account – Updated Apr-2020 Among various investment options available for retired individuals, senior citizen saving scheme(SCSS) is an attractive saving scheme. Senior Citizen Saving Scheme offer 7.4% interest rates currently (Period April, May, June-2020). What is Senior Citizen Saving Scheme (SCSS)? Who is eligible to open Senior Citizen Saving Scheme […]

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What is One Rank-One Pension Scheme (OROP)?

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What is One Rank-One Pension Scheme (OROP)? In the last couple of days, there is one pension scheme which is in news is One-Rank-One Pension Scheme. This pension scheme was promised to ex-servicemen, but not yet implemented by Mr.Modi’s government during Lok Sabha Poll. Ex-Service men went hunger strike and planning for next steps. It caught so much attention ahead […]

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EPFO “Nidhi Aapke Nikat” – Does it work beyond Grievance Redressal?

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EPFO “Nidhi Aapke Nikat” – Does it work beyond Grievance Redressal? Today, Employee Provident Fund Office (EPFO) indicated that its current wing, Bhavishya Nidhi Adalat would be renamed to “Nidhi Aapke Nikat” and would expand its scope of just grievance Redressal to beyond its current scope. There has been several issues and suggestions indicated by EPF subscribers and Employers to […]

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Why MF Companies lined up for retirement linked pension plan mutual funds?

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Why MF Companies lined up for retirement linked pension plan mutual funds? In last budget, Govt. of India has announced tax benefits for retirement linked pension plan mutual funds. Many mutual fund companies are approaching the capital market regulator, SEBI to launch pension plan mutual funds. While these retirements lined pension plan mutual funds provide tax benefits, these are expected […]

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