The finance ministry has notified the Unified Pension Scheme which guarantees structured retirement benefits, including up to 50% of average basic pay for 25+ years of service and a minimum monthly ...
The Employees' Provident Fund Organisation (EPFO) is a statutory body under the Ministry of Labour and Employment in India.
Investing in Provident Funds like Employees' Provident Fund and Public Provident Fund can help individuals ... invest in the National Pension Scheme (NPS), individuals can benefit from tax deductions.
According to Economic Times, you can also claim extra deductions for pension plans: Contributions to the National Pension Scheme (NPS) up to ₹1.5 lakh are ... Equity-Linked Saving Schemes (ELSS), ...
PPF Vs EPF Vs NPS: Retirement planning is a vital part of financial planning, ensuring a secure and comfortable life post-retirement. In India, three popular retirement savings options stand out: the ...
PPF 7.2% - 8.1% 7.2% - 8.1% Fully tax-free under Section 80C ... FDs 6.0% - 6.5% 4.2% - 4.6% Interest taxed as per the slab rate (highest slab: 30%). NPS (Equity Heavy) 10.0% - 12.0% 8.0% - 9.5% 60% ...
But, squeezing out just a little to invest in any of these schemes can make a difference in the long run ... Investments can be made into Public Provident Fund, Employee Provident fund, National ...
PPF Calculator: The Public Provident Fund (PPF) is a popular fixed-income savings scheme in India, backed by the government. It offers a safe and reliable way to accumulate wealth over the long term.
Read on to know more. Getty Images When it comes to tax-saving, investors can choose from a multitude of options such as NPS, PPF, Ulips, ELSS mutual funds and more It is peak winter, but the ...
'Thin,' 'slim,' and 'skinny' are terms often used to describe body types, but they differ in connotation. Each term reflects different perceptions of body size, often influenced by cultural and ...
National Pension Scheme (NPS) was initially introduced by the Central Government on 1 st January 2004 for the Government employees only. Later, in 2009, the scheme was made open for all the citizens ...
You’ll need more than your coffee maker for this Italian classic. Alexandra Emanuelli is a professional food editor and writer with nine years of experience. She has been published in HuffPost, Clean ...