Thu, Jan 11, 2024
National Pension System (NPS) is a popular tool for investors seeking a sizeable retirement corpus and a pension after that. While it gives you financial freedom to live your post-retirement life freely, it also works as an effective tool to save income tax. On an NPS investment, you can claim a tax exemption under Section 80CCD of the Income Tax Act. It has two sub-sections: 80CCD(1) and 80CCD(2). Apart from this, there is another sub-section of 80CCD(1), 80CCD(1B), which apply to the tax benefits under NPS.
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Tue, Jan 02, 2024
If you are a working woman and want to keep your money safe and also earn good profits, you have investment options like gold ETF, mutual funds and the national pension scheme. Know what other investment options you have.
Fri, Nov 03, 2023
National Pension Scheme: Now you can systematically withdraw the maturity amount after retirement from your NPS account, but the question is how to withdraw it?
Mon, Feb 12, 2018
NPS is termed as contribution retirement savings scheme developed to enable the subscribers for making decisions regarding their future through systematic savings during their working life.
Tue, Nov 21, 2017
If you are planning to claim tax benefits, start investing in the first quarter of a financial year so that you can spread your investments over the years.
Fri, Sep 22, 2017
Generally a person retires at the age of 58 or 60 years which means that is an end of his earning period. So, it is important for an individual to built retirement corpus before that.
Wed, Aug 30, 2017
Ministry of Finance said that a total of 3.7 lakh Atal Pension accounts have been sourced under One Nation One Pension through APY Service Provider Banks.
Wed, Mar 15, 2017
The Committee on allowances as part of the 7th Pay Commission has submitted its report on House Rent Allowance (HRA) to the government last month.
Wed, Mar 08, 2017
If you wish to transfer your savings from recognised Provident Fund (PF) and Superannuation Fund accounts to National Pension Scheme (NPS) here are five key things that you should know about funds transfer to NPS.
Tue, Mar 07, 2017
The government of India on Tuesday announced a clarification to the announcement made during the budget of 2016-17 of transferring funds from ‘recognised’ provident funds to the National Pension Scheme without being taxed.
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