NPS
NPS Vatsalya: Another Option To Plan Your Children’s Financial Security; Know The Key Features
NPS was initially launched in 2004 for the government employees to replace the old pension scheme (OPS) before opening it to all citizens in 2009.
Are The Existing Senior Citizen FD Interest Rates Adequate Vis-À-Vis Inflation?
Senior citizens get the benefit of higher interest rates when they invest in a senior citizen fixed deposit (FD) product compared to the interest rate that is offered on regular FD products.
Budget 2024: Employers’ Contribution In NPS Hiked To 14%; What It Means For Subscribers?
Union Finance Minister Nirmala Sitharaman said on Tuesday that the government wants to make NPS more attractive and flexible while announcing the hike in employers’ contribution to 14 per cent.
FD & Small Savings
BOB, IOB, And IDFC Among 5 Banks Have Revised FD Rates; Know The Rates For Senior Citizens
Five banks revised their fixed deposit (FD) rates during the week ending on July 20, 2024. Know what they offer to senior citizens.
Equity & Mutual FundsNRIs Must Update Residency Status, Bank Account Details In Their Existing Indian MFs On Returning Home: Expert
When they return to India, it is mandatory for non-resident Indians (NRIs) to change their residency status and NRE/NRO account to a resident bank account in existing mutual funds.
Transmission Of MF Units In Event Of Death, Here’s Why Updating Nominee Details Is Important
Updating nominee details in mutual funds along with a Will or succession planning can help the nominee or successor get easy access to the investments in the event of death of the investor
Updating nominee details in mutual funds along with a Will or succession planning can help the nominee or successor get easy access to the investments in the event of death of the investor
Equity & Mutual Funds
How Useful Are Flexi-Cap Mutual Funds In Retirement Planning?
Flexi-cap mutual funds can invest at least 65 per cent in equity and balance in other asset classes. Are these funds useful for retirees? Read on.
Flexi-cap mutual funds can invest at least 65 per cent in equity and balance in other asset classes. Are these funds useful for retirees? Read on.
Equity & Mutual Funds
Stick To Low-Duration Funds Post-Retirement; Use 100% Equity MF For Goals Over 10 Years Away, Says Expert
Senior citizens can open a new savings bank account for online investments in mutual funds and other assets to minimise the risk of fraud and should opt for ultra-short-term funds post-retirement.
Senior citizens can open a new savings bank account for online investments in mutual funds and other assets to minimise the risk of fraud and should opt for ultra-short-term funds post-retirement.
NPSNPS: Tax Exemptions That Are Available On NPS Withdrawals
The National Pension System offers tax benefits on deposits as well as on withdrawals. This social security scheme is open to the citizens of India, including non-resident Indians, to provide financial security in old age
NPS Deduction: Can You Avail Of This Benefit In New Tax Regime?
The new regime has lower tax rates and fewer slabs; hence, it has limited the previously available exemptions and deductions, such as those under Section 80C in the old regime.
The new regime has lower tax rates and fewer slabs; hence, it has limited the previously available exemptions and deductions, such as those under Section 80C in the old regime.
NPS
Convert Your NPS Corporate Account To NPS All-Citizen Account: Here’s How To Do It
Keep your National Pension System (NPS) account active when switching jobs by converting it to an all-citizen account. Here’s how to do it.
Keep your National Pension System (NPS) account active when switching jobs by converting it to an all-citizen account. Here’s how to do it.
NPS
NPS Investments: Here’s How To Earn Rs 1 Lakh Monthly Pension
Given the superior returns NPS provides, more and more people, including corporate and government employees, have recently joined the savings scheme.
Given the superior returns NPS provides, more and more people, including corporate and government employees, have recently joined the savings scheme.
FD & Small SavingsSBI Launches 444-Day Amrit Vrishti FD, What Interest Rate Can Senior Citizens Avail?
The State Bank of India (SBI) launched a new fixed deposit (FD) scheme, the 444-Day Amrit Vrishti, on July 15, 2024. Know its key features and the rate of interest for senior citizens.
Bank Of Maharashtra, J&K Bank Revise FD Rates; Seniors Are Offered Up To 7.75%
The Bank of Maharashtra and J&K Bank revised their fixed deposit (FD) rates for the week ending July 13, 2024.
The Bank of Maharashtra and J&K Bank revised their fixed deposit (FD) rates for the week ending July 13, 2024.
FD & Small Savings
FD Rates For BOI, ICICI, Axis, And 5 More Banks Have Changed; Know The Interest Rate For Senior Citizens
Eight banks, including Punjab and Sind Bank, Bank of India, Union Bank of India, ICICI Bank, and Axis Bank, have revised their fixed deposit rates during the week ending July 6, 2024.
Eight banks, including Punjab and Sind Bank, Bank of India, Union Bank of India, ICICI Bank, and Axis Bank, have revised their fixed deposit rates during the week ending July 6, 2024.
FD & Small Savings
RBI Floating Rate Savings Bond: Should Senior Citizens Buy Them After Their New Rates Announced?
RBI floating rate savings bonds offer 8.5 per cent annual interest; should senior citizens invest in them?
RBI floating rate savings bonds offer 8.5 per cent annual interest; should senior citizens invest in them?
Life Insurance & Pension PlanKerala Jeevan Rekha Pension Web Portal: All You Need To Know
The Kerala government provides monthly pensions to eligible residents in the state, such as senior citizens, widows, and differently-abled people, among others.
Govt To ‘Re-Fix’ OROP Pension: What Is The Scheme, How Does It Benefit Armed Force Retirees?
Before implementing the One Rank One Pension (OROP) scheme, the pension amount was calculated based on the personnel’s last drawn pay (pay band) at retirement.
Before implementing the One Rank One Pension (OROP) scheme, the pension amount was calculated based on the personnel’s last drawn pay (pay band) at retirement.
Life Insurance & Pension Plan
Atal Pension Yojana Enrolments Cross 6.65 Crore In June; East Zone Sees Growth, Says PFRDA
Bihar exceeded the FY2023-24 APY enrolment target by 177 per cent, Assam by 159 per cent, and Jharkhand by 158 per cent, according to PFRDA.
Bihar exceeded the FY2023-24 APY enrolment target by 177 per cent, Assam by 159 per cent, and Jharkhand by 158 per cent, according to PFRDA.
Life Insurance & Pension Plan
Samagra Pension Portal: Know The Pension Schemes Available, Eligibility And More
The Samagra pension portal was launched by the Madhya Pradesh government for the ease of the existing and new beneficiaries seeking information related to the scheme, disbursals, etc.
The Samagra pension portal was launched by the Madhya Pradesh government for the ease of the existing and new beneficiaries seeking information related to the scheme, disbursals, etc.