Investment Plan

NPS – Maturity, Partial Withdrawal & Early Exit Rules [updated 2020]

Investment Plan, Retirement planning, Tax Saving, Taxes
NPS - maturity, Partial Withdrawal, Early Exit Rules

The government wants NPS (National Pension Scheme) to be the preferred investment vehicle for pension planning for majority of its citizens. Unfortunately as it happens with most of Government plans, NPS too has flaws which are holding investors back. To encourage investment in NPS, PFRDA (Pension Fund Regulatory and Development Authority) which regulates it have made […]

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How to Calculate Income Tax for Senior Citizen with Salary, Pension & Interest Income? (FY 2019-20)

Income tax, Investment Plan, Taxes
Calculate Income Tax for Senior Citizen with Salary & Pension and Interest Income

I often get request to calculate income tax for readers and how they can save more tax! It’s not possible for me to calculate it for everyone. So going forward I would pick cases and show how to calculate income tax and if there is scope to save additional tax. Below is the comment I

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13 Most Important things to know before investing in Bank Fixed Deposits

Bank FD, Fixed Deposit, Fixed Income, Investment Plan
Most Important things to know before investing in Fixed Deposits

Fixed Deposit is the most popular investment in India mainly due to guaranteed returns, choice of interest pay-out frequency, liquidity, safety and ease of execution. Most retired depend on the regular interest earned from fixed deposit for their day to day expenses. Here are 13 most important things you should know before investing in Fixed

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