Posts in Category: financial planning

Post Office Sukanya Samriddhi Yojana (SSY): Scheme Details, How to open An Account

Sukanya Samriddhi Yojana is a govt scheme for the girl Child however very few people know that sukanya samriddhi account can be opened in post office as well. We discus about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog.

Gender discrimination is one of the grave problems we all face in India. In India where education of male child is given priority and where wedding expense

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National Pension scheme (NPS) Calculator

National Pension is one of the popular tax-saving schemes. In this post we look at various NPS Calculator and how NPS calculators work.

National Pension scheme calculator works on the below few factors:

  1. Age
  2. Amount of contribution made
  3. Rate of return as prescribed by government for that given period of time.

So we will discuss now how each of these factors affect NPS calculation.

  1. Age of the interested investor: Any contribution made under NPS scheme can be withdrawn only when the

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ELSS vs SIP : Difference between ELSS and SIP

SIP is a way to invest into ELSS or other mutual funds in a recurring way. In this post we look at various aspects of investing into ELSS via SIP mode.

systematic investment plan (SIP) is a small and easy method to invest one’s money in mutual fund schemes. SIP is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The SIP scheme helps an individual investor to

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Atal Pension Yojana Scheme : APY Calculator, APY Chart

Atal Pension Yojana(APY)

ATAL PENSION YOJANA (APY) is a scheme provided by Indian government to help the weaker section (unorganised section) to enjoy the retirement benefits and pension schemes. It’s always very difficult for the weaker section to meet their needs and thus to help the weaker section to save and help to sustain during their retirement age, the government introduced APY scheme with lower contribution rate and better return. This post provides an overview of

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Comparing NPS and EPF- Which is better?

The majority of people face post-retirement problems. A poor retirement planning is the main cause of post-retirement issues. People are very much aware of pension or provident fund, etc. The issue starts with wrong planning. Every person should follow a systematic approach for building a retirement corpus. Getting confused?

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Let me clear the point! I

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Atal Pension Yojana VS National Pension Scheme – Which One Is Better?

Retirement planning is not confined to saving money only. It refers to the systematic approach that can build retirement corpus, which is sufficient to meet post-retirement financial obligations. Most individuals may involve in various saving schemes or insurance scheme or mutual funds to build a handsome retirement corpus, with the lump sum or regular income. However, most people find this process pretty daunting. Choosing the best

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Investing in National pension scheme-Here is how to do it

NPS stands for National Pension Scheme introduced by the Indian Government. NPS is a retirement saving plan for an employee but built by both employer and employee. It is payable to the employee at the time of retirement. The main objective is to empower employees financially after retirement. This is applicable for central or state government officials or common citizens who are employed.

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How To Withdraw Funds From NPS After Retirement

NPS is a defined retirement plan that needs to be financed till the age of 60 years. Once the subscriber attains the age of 60 years, he/she can apply for withdrawal.  A few years back, you could not make a premature withdrawal. Thanks to recent reforms, NPS is offering partial withdrawal with specific terms.

You must be near to retirement; that’s why you landed

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Secure your daughter’s future with Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana is a most popular government scheme for the betterment of girl children in India. It was launched by Shri Narendra Modi (Indian Prime Minister) under the Beti Bachao, Beti Padhao campaign. Precisely, this scheme is an opportunity to save money for the betterment of girl child. The money saved through Sukanya Samriddhi Yojana will provide means for every girl to get higher education or wedding expenses. This scheme is a

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