Are you stumped by the interest calculations on fixed deposit? In this post, I will make you understand how to calculate returns earned on your FD. Don’t worry, if you have never laid hands on Fixed Deposit Calculator before!
Let’s start counting your dimes!
A fixed
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?
Let me clear the point! I
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
Admit it, we all opt for saving schemes to build retirement corpus with optimum tax benefits. Same applies to National Pension Scheme. When it comes to tax saving schemes, NPS always stand out with its exceptional tax benefits.
Today, we are going to review old and latest updates about NPS tax benefits. People frequently ask about tax treatment at maturity; we will touch this section too. In short, we will show how investment
Today’s post covers everything about National Pension Scheme.With reducing government jobs and government of India slowly taking away pensions from various job categories planning your post-retirement pension has become imperative not just for private sector employees but also for PSUs and government employees. To cater to these requirements government of India through an act of parliament create a voluntary based contribution pension system called NPS (National Pension scheme). All government employees who joined
Post office department has been the pillar of small savings in India. With a total investment base of about 6 lac crores, they are one of the biggest deposit mobilizers in Indian banking sector. While traditionally Post office schemes enjoyed huge popularity due to round the corner presence , local trust and the fact that they offered slightly higher returns than similar schemes from banks but they have not at all kept pace with improvements in
Did you just switch to the new job? Are you planning to transfer the PF account and have no clue about the process? Luckily, you are in the right spot.
A few years back, transfer of PF account seemed to be impossible. But today, EPFO is making the sincere effort to make PF system useful and convenient for the employees. Transfer of PF account is the most prominent feature offered by EPFO.
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A fixed deposit is one such financial instrument which will help you deposit a sum with a bank for a predetermined period of time and the bank pays an interest on that sum. In essence, it’s a way of lending money to a bank, the opposite of taking a loan. These are sometimes even referred to as bonds or term deposits.
A fixed deposit is one of the primary sources of
Do you want to withdraw EPF balance? Because you just left the job. You must be concerned about slow and complicated processing of EPF withdrawal But don’t you worry! Thanks to the authorities, making the EPF withdrawal is convenient like never before! We will show you how to claim the EPF balance easily and quickly!
Although, you have come to seek help about EPF
Employee Provident Fund is a famous saving scheme operated by the Indian Government for salaried individuals. This scheme is aimed to flourish retirement savings for all Indian employees. Precisely, it is a corpus of funds, regulated by contributions of employee & employer. The contributions will regularly be made, mostly monthly by both parties. The contribution amount will be fixed from the start. Interest will be paid on the EPF balance. Both EPF balance