EPFO is overhauling the way employees access their provident fund with the launch of EPFO 3.0, turning a maze of 13 withdrawal rules into just 3 simple categories. Also it provides to make most claims auto-settled within hours instead of weeks. This shift is not just regulatory but a complete digital upgrade aimed at fasterRead More
Retirement
How NRIs Can Invest in India & Maximize Profit
India is a land of opportunities for Non-Resident Indians (NRIs) looking to invest and grow their wealth. With its dynamic economy and evolving financial landscape, India offers a range of investment options, from equities and real estate to fixed deposits and mutual funds. Let’s check today how NRIs can Invest in India and benefit from theseRead More
3 Convenient Ways to Invest in NPS
Investing in NPS (National Pension System) offers the dual benefit of securing retirement while leveraging tax savings. With features such as market-linked returns, the freedom to choose between asset classes, and tax-saving additional benefit of up to ₹50,000 on annual investments (Via Old Tax Regime) in Tier 1 accounts, NPS has emerged as a popularRead More
RBI Retail Direct Scheme – Complete Details
Recently PM Modi in presence of Ms Nirmla Sitharaman (Minister of Finance GOI) & Sh Shaktikanta Das (Governor RBI), announced the way how retail investors can Buy or Sell in Government Securities through a new system called RBI Retail Direct Scheme or RBI RDS or simply RDS. Let’s know what is this system and howRead More
Changes in Personal Finance from 1 April 2021
The Financial Year 2020-21 will close on 31 March 2021. Like all new financial years, the new FY 2021-22 will have new tweaks & changes to your personal finance. The top Changes in Personal Finance from 1 April 2021 will be: Changes in Personal Finance from 1 April 2021 1 . EPF deduction above RsRead More
Withdrawal Strategies During Retirement Phase
We all know – Retirement is the Withdrawal Phase. If you are not on pension, you can plan your annuity from your investments. This can be done using the below methods as Withdrawal Strategies During Retirement Phase. This ensures needs regular income & planning future goals. One has to check the expenses now, expenses likelyRead More