Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
Withdrawals from EPF and NPS to have same tax rates.
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.
It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net EPF accounts created - a proxy for net new formal jobs created - fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Investors should quiz them to understand the product, which options to invest in, and how to get the final payout
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
EPFO may start investing up to five per cent of its incremental corpus in the equity market.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The pension regulator, the Pension Fund Regulatory Development Authority, is taking various steps to boost the numbers, cairman D Swarup tells Vrishti Beniwal in an exclusive interview
Since there are many and complicated choices, retail investors stand to benefit
PFRDA will invite bids to appoint pension fund managers.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
NPS aims at ensuring financial security to every citizen by encouraging them to start contributing towards the old age saving.
Despite the equity booster, many would be uncomfortable about NPS.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Darren Lehmann will groom young talent as part of a National Performance Programme, Cricket Australia announced on Wednesday.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
These plans aren't likely to put substantial cash in your hands.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
On retirement, you will draw a lesser amount as pension.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
All that you wanted to know about the new pension scheme and pension fund managers.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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Denmark has been rated as the country with the best retirement system in the world.
