Retirement planning

Gratuity: Calculation, Formula and Tax

Gratuity is paid to employees by their employer at the time of retirement/resignation or in case of death and disability.…

January 7, 2020

Leave Encashment: Calculation & Taxation

All salaried have different type of leaves namely: Sick Leave, Casual Leave, Earned/Privilege leave, etc. If employees take lesser leaves…

January 6, 2020

Voluntary Provident Fund – A Good Tax Saving Retirement Option!

Retirement planning is one of the most important financial goals in life of a person. Most of us have heard…

December 24, 2019

Senior Citizens’ Savings Scheme: Excellent Investment for Tax Saving & Regular Income

Senior Citizens' Savings Scheme (SCSS) is one of the best fixed deposit schemes for Retired Senior Citizens as its safe…

December 23, 2019

NPS Becomes more Attractive after Budget

Budget 2019 among many things also notified following 3 changes in NPS - which would make it more attractive to…

July 9, 2019

Should you Invest Rs 50,000 in NPS to Save Tax u/s 80CCD (1B)?

Budget 2015 had introduced a new section 80CCD (1B) which gives deduction up to Rs 50,000 for investment in NPS…

March 18, 2019

Tax & TDS on EPF Withdrawal

EPF (Employee Provident Fund) is one of the best retirement plans offered to salaried employees. The deduction happens automatically, the…

August 14, 2018

Pradhan Mantri Vaya Vandana Yojana: Pension Scheme for Senior Citizens [updated as per Budget 2018]

Our Prime Minister had announced a new Pension Scheme for Senior Citizens offering 8% returns for 10 years in December…

May 10, 2018

Shift to eNPS – The Process and Benefits

In case if you have logged in to your NPS Portal recently you get an option about “Shift to eNPS”.…

April 5, 2018

LIC Varishtha Pension Bima Yojana 2017

The Prime Minister in his address to nation had promised a pension product for senior citizens which would offer 8%…

January 30, 2017
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