National Pension System (NPS) is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account. NPS is designed on Defined contribution basis wherein the subscriber contributes to his own account. The benefit subscribers ultimately receive depends on the …
Read More »Why should one invest in Pension fund?
This is where I left the NPS article yesterday. The return on pension fund is not great. The return may be even lesser than the return on a bank fixed deposit. If that is the case, why one has to invest in Pension fund? Is the pension fund a …
Read More »Young India – It is a good time to plan for retirement. Read about National Pension System (NPS)
No politician stops his speech without mentioning the fact that ‘65% of Indians are below the age of 35’. I am also talking about this section of the population. Today’s youth is tomorrow’s old aged! Imagine after 2 decades, the number of Indians who will be over 60 years ( …
Read More »