EPF or employee Provident Fund is hard-earned money through your service to an organization. Overall if a person is attaining superannuation, it is supposed to be tax-free. BUT NOT ALWAYS! Money received from EPF can be taxable or there can be tax deducted at source (TDS). Let us understand Taxation on PF Withdrawal or TaxationRead More
Retirement
7 Best Investment Options for NRIs in 2020
While there are many NRI Investment Options in India, one should check his requirement & risk appetite. Your home country may restrict, but in India barring few exceptions, NRIs are allowed to invest in many options. Here is the comprehensive List updated till April 2020. India has rapidly grown and provides the potential of sharingRead More
NPS (National Pension Scheme) Complete Details Pt1
NPS or National Pension Scheme is a scheme to plan retirement. This scheme works on a similar concept like EPS in India or 401K in the USA. The concept is to accumulate funds for a subscriber in an account and provide him a pension (annuity) after retirement. Let’s see the NPS details, it’s tax benefitRead More
NPS (National Pension Scheme) Complete Details Pt2
NPS is flagship scheme of India under the retirement category. NPS has gained popularity but still due to technicality the scheme needs to be understood to get proper benefits. Here are the complete details of National Pension Scheme or NPS India. This is a two-part post as I wanted to cover each & every detailRead More
Retirement Planning for Couples – TIPS
Marriage is the beginning of a new phase of life and as time passes, married couples evolve a shared sense of responsibility in all spheres, including personal finance. Spending your golden years together in relative comfort and security is the goal of most married couples. Here are some tips on Retirement Planning for Couples. MostRead More
How Much Cash to Hold in Your Portfolio?
You know last week in news it said: “ Indian Forex Reserve is down by 1% due to increase in fuel bill”. So a country is also concerned about its cash balance. We all know what happened in 1991 and how Dr. Manmohan Singh tackled the situation. So cash is really important in managing aRead More