National Pension System: Why NPS should Be a key investment for early retirementNational Pension System: How investing in NPS can help you retire early
3 min read1 Oct 2024It enables parents to initiate retirement savings on behalf of their minor children, which seamlessly morphs into the NPS in their working life, providing uninterrupted accumulation of the savings.
4 min read25 Sep 2024NPS Vatsalya calculator: How an annual investment of ₹10,000 can make your child a crorepati. Details here
2 min read22 Sep 2024By investing early, the Vatsalya scheme leverages the power of compounding, creating a solid retirement fund by the time your child turns 60
2 min read18 Sep 2024Finance minister Nirmala Sitharaman defended the Unified Pension Scheme suggesting the new government scheme carefully balances the interest of government employees and taxpayers.
4 min read18 Sep 2024This all-new formula could also prove to be paltry for old-age support, unless complementary steps are also taken. The government could fund part of the pension liabilities, increase investments in government healthcare or tighten rules to discipline errant private healthcare providers and insurers.
4 min read8 Sep 2024Wealth advisors suggest that having more than one option to choose from is a good thing from a retiree’s point of view. They will soon be able to choose between the inflation-linked UPS and the market-linked NPS
3 min read9 Sep 2024Set to roll out next year, the Unified Pension Scheme is a new government initiative that combines features of the Old Pension Scheme and the National Pension Scheme
2 min read25 Aug 2024The Budget 2024 has increased the tax deduction limit on employer NPS contributions from 10% to 14%, aligning private sector employees with government counterparts, and introduced the NPS Vatsalya scheme for saving for children’s retirement.
3 min read6 Aug 2024NPS is a useful tool for retirement savings and offers four asset classes to choose from. Subscribers can opt for auto choice or active choice for asset allocation, with active choice allowing up to 75% in equity.
4 min read29 Jul 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared