Tag Archives: Retirement Planning

What is Superannuation Fund Benefit in India and How to calculate it?

What is Superannuation Fund 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 … Continue reading What is Superannuation Fund Benefit in India and How to calculate it?

What is Gratuity and How to calculate eligible Gratuity amount?

What is Gratuity and How to calculate Gratuity amount? An employee serves his organization with full zest and vigor so apart from the monthly salary, he/she is entitled to receive something as a token of gratitude. This token amount is known as gratuity. While it looks simple, in reality understanding Gratuity and necessary guidelines is … Continue reading What is Gratuity and How to calculate eligible Gratuity amount?

Latest NPS Withdrawal Rules 2018 – Is NPS now attractive compared to other plans?

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 … Continue reading Latest NPS Withdrawal Rules 2018 – Is NPS now attractive compared to other plans?

8% LIC Pradhan Mantri Vaya Vandana Yojana Pension Plan

8% LIC Pradhan Mantri Vaya Vandana Yojana Pension Plan Govt of India in its budget for FY2018-2019 has indicated that it would soon announce pension plan for Senior Citizen. Couple of days back, Govt. of India announced Pradhan Mantri Vaya Vandana Yojana Pension Plan (PMVVY) which would be administered by LIC. This pension plan would … Continue reading 8% LIC Pradhan Mantri Vaya Vandana Yojana Pension Plan

How to Open National Pension Scheme (eNPS) Online and Offline?

How to Open National Pension Scheme (eNPS) Online and Offline? National Pension System or National Pension Scheme (NPS) aims at providing suitable income after retirement to every Indian citizen. If you are young and planning for retirement, NPS is one of the best retirement tools which you can plan from now till retirement. You can … Continue reading How to Open National Pension Scheme (eNPS) Online and Offline?