Before opting for this scheme, consider how EPS is calculated.
Rediff readers tell us what they did with their first salaries.
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
It is not advisable to touch retirement corpus if property is being purchased for investment.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
But do not expect the finance minister to fulfil all these wishes
The deduction will be higher and net take-home pay will fall.