Initially, the New Pension Scheme received a very lukewarm response from the investors with not many subscribing to it. There were many considerations which had more drawbacks then its benefits. EPF or Employee Provident Fund was still a more lucrative retirement product than this scheme. To make it more appealing the scheme has gone through […]
Union Budget 2016-Time To Start Planning
There were lot of expectations with Union Budget 2016-2017. There were expectations for increasing personal tax exemptions, increasing home loan exemptions and many others which matter most to the small tax payers. But few got fulfilled!!. But Spared!!
These Changes In NPS Benefits You
Initially the New Pension Scheme received a very lukewarm response from the investors with not many subscribing to it. There were many considerations which had more drawbacks then its benefits. EPF or Employee provident fund was still a more lucrative retirement product than this scheme. To make it more appealing the scheme has gone through […]
Pradhan Mantri Yojana – A Step Towards Bigger Financial Inclusion
Three Pradhan Mantri Yojana have been introduced aiming at a wider financial inclusion. Pradhan Mantri Jeevan Jyoti Yojana and Pradhan Mantri Bima Suraksha Yojana are already launched and Pradhan Mantri Atal Pension Yojana will come into existence from 1st June 2015.The objective of these schemes is to give social security to the large unorganized sector […]
New Pension Scheme- Is it an Efficient Retirement Tool?
New pension scheme is regarded as the lowest cost scheme in the world. Initially it was launched only for government employees to reduce deferred pension liabilities on state & central governments but later it opened the gate to all individuals. The scheme got a lackluster response and only government employees joined it that too forcefully. Private sector […]
