An analysis by ET shows that NPS schemes have generated better returns than the provident fund. The average NPS fund …
What is Work-based and Personal Pension?
What is a work-based pension? A work-based pension scheme is set up by an employer to provide a way for …
National Pension System : Companies now Facing a Tax Builder
CONTRIBUTIONS OVER PAST 5 YEARS MAY TURN TAXABLE Contributions by private sector subscribers to the National Pension system over the …
Varishtha Pension Bima Yojna Revived
NDA Government in its last term in office had introduced the Varishtha Bima Yojna (VPBY)as a pension scheme for …
Minimum Monthly Pension of Rs 1000 Okay-ed by Govt
Government has approved minimum monthly pension of Rs.1000/- under Employees’Pension Scheme 1995 (EPS-95) run by the Employees’ Provident Fund …
New Norms to Check Delay in Pension Payments Issued
An employee can now send an undertaking directly to the bank to ensure quick disbursal of pension in his or …
To Build a Good Retiremnet Corpus – Invest in Debt Oriented Plans
Due to the volatility in the equity market, investors are not keen to invest in ELSS to save taxes this …
What are the Advantages of Saving into Pension?
These are two advantages of saving into Pension: 1- Tax Relief – The taxman will give following tax relief (under …
What is a Pension Plan?
What is a Pension? The english dictionary defines the word pension as “a fixed amount, other than wages, paid at …
Pension Terms You Must Know
Annuitant This is a person who receives, or is entitled to, an annuity. Annuity This is a fixed amount of …