Budget 2024: Key Expectations From FM Sitharaman To Boost Retirement Planning
From additional tax rebates to promoting group pension plans for MSMEs, here are some key expectations to boost people’s savings and retirement planning.
From additional tax rebates to promoting group pension plans for MSMEs, here are some key expectations to boost people’s savings and retirement planning.
Non-government employees will have to pay tax on 50 per cent of the lump sum amount drawn at retirement minus the gratuity; the remaining portion is tax-free.
A voluntary retirement scheme is offered by many companies to give employees the freedom to take voluntary retirement before they reach the actual age of retirement. Learn more about its eligibility and compensation.
After retirement, you may stop working while your tax obligation may continue to exist. You can save taxes on retirement benefits, but it requires proper planning.
Central government employees receive various retirement benefits for financial security, from monthly pensions to healthcare. Learn more
Government employees enjoy retirement benefits that include pension, leave encashment, and access to schemes like CGEGIS and CGHS, thus ensuring financial security and healthcare support in their post-retirement life
There are several benefits that central government employees receive after retirement; learn more.
The Rajasthan government has approved a draft regulation, “Rajasthan Part-Time Contractual Hiring Rules-2023”, to provide retirement benefits to part-time workers in the administration
Rising inflation often puts a squeeze on your retirement fund. Hence, it’s important to find out ways to protect this fund. Here’s how.
Retirement mutual funds come in multiple variants to choose from, and they can be an effective vehicle to invest and grow one’s savings for the sunset years
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