Best NPS Funds in India that are rocking in 2019 One of the best ways to do retirement planning is to invest in NPS Funds. NPS funds have been performing well in the last 5-10 years and gave up to 12% annualized returns. Some of these NPS Funds have provided 21% returns in the last … Continue reading Best NPS Funds in India that are rocking in 2019
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 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?
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 … Continue reading Best Investment Plan in India for Senior Citizens
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 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? 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?
Which are Popular Annuity Pension Plans in India? The biggest benefit of government job is that they enjoy the pension lifelong. This is not the case with private sector employees. After retirement, he or she is no longer entitled to salary and other benefits. They have to lead the rest of his life on the … Continue reading Which are Popular Annuity Pension Plans in India?
How to transfer the PPF Account from Post office to Bank account? PPF is one of the best retirement saving schemes which provides highest tax free interest rates for 15 years. This scheme was introduced in 1968 by the ministry of finance. It is primarily an account that can be opened in any authorized bank … Continue reading How to transfer the PPF Account from Post office to Bank account?
How NRIs can open NPS account in India? Few days back RBI has issued notification that NRIs can open NPS account in India with certain guidelines. The NPS has been a good retirement option for everyone. However, only resident Indian’s were supposed to open NPS account. With recent guidelines, now Non-Resident Indian (NRI’s) can open … Continue reading How NRIs can open NPS account in India?