Living serene, calm and peaceful retirement life should be one of the most important financial goals for each of us. This goal can be attained only when we have enough retirement funds with us and we are financially independent post-retirement. Be it the interest income, rental income, dividend income or any income but retirement fund […]
Changes in Rules of Partial Withdrawal from NPS (National Pension System)
The Pension Fund Regulatory and Development Authority (PFRDA) has recently tweaked the Rules pertaining to Partial Withdrawal from NPS Tier 1 account (Tier II account is similar to the savings account where a subscriber is free to withdraw money as and when required). The modified rules allow subscribers, who have contributed for three years, to […]
Money Matters to Rethink at the Start of New Fiscal Year
We all spent a tremendous amount of time mugging in various investment schemes to cut our tax outgo at the end of the last fiscal year but it is not wise to rush at the last minute to save tax. We must plan our investments at the start of the year. 1. Invest the Increment […]