Investment Plan

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

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)

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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