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
Becoming a crorepati in India or a Millionaire in the US has some kind of romance and enigma associated with it. From Bollywood movies to TV shows like Kaun Banega Crorepati being crorepati is associated with feelings like Oh yes I have arrived at a sense of entering the elite league. The league which smokes cigars drives convertibles on Marine drive and bets big on horse racing in Mahalakshmi grounds. With increasing incomes and increasing
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!
Why Should You Not Make EPF Withdrawal?
Although, you have come to seek help about EPF
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
What is SIP :
SIP stands for Systematic Investment plan. SIP is nothing but a periodic way of investing in mutual funds instead of investing everything in one go or lump sum as it is commonly called.
One of the most important questions I get from friends, clients, and bodhik users is a variant of the following
I have Rs X now to invest should I make a lump sum investment or invest using a SIP?
While my intuitive
There are around 1500+ mutual funds and about 15+ different types of funds available in Indian market today and the list keeps on increasing every day with new schemes getting launched and new players entering the market, Currently, India has about 44 different fund houses offering different types of mutual funds. With so many options it has become increasingly difficult for retail investors to chose the right fund.
In last few years,some of the influential rating agencies
Mutual funds is a term that all of us hear more and more often on televisions,newspapers and when we go to banks, in past few years mutual funds as an investment instrument for retail customers has really taken off , more and more people are aware of mutual funds and are keen to invest in
Personal Savings : Whatever you earn you can either consume all or chose to not , part of your earnings you chose not to consume is called Personal Savings, you can chose to keep your savings in bank account or invest it in Real estate, bonds,shares, Mutual funds or other financial instruments
National Savings : National savings is the sum of personal savings and the corporate savings, which is the profits which corporates do not
Everyone wants to make the best use of their money. However, as financial industry evolved, lot of financial products have emerged making it difficult for investors to chose suitable products which can help them meet their financial goals and build a sustainable long term financial portfolio.
This blog tries to present the best investment options for
Retirement starts with a vision and comes together with a great plan, there are two ways you can plan your retirement, one is what Dilbert suggests, but if you still think you need an alternate plan go ahead and read the post.
- Start Early,Save more now
Lot of time customers ask me when