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NPS

NPS – Maturity, Partial Withdrawal & Early Exit Rules [updated April 2018]

NPS: Maturity, Partial Withdrawal and 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 […] Continue reading →

5 Things to Do Before March End

Things to do Before Financial Year Ends Its just 3 weeks before the financial year 2017-18 ends and so we present you with 5 things you should do before this FY ends. 1. File Pending Income Tax Return: Ideally you should have filed your income tax return for FY 2016-17(AY 2017-18) by July 31, 2017. But in case you have not filed it […] Continue reading →

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

Invest in NPS to Save Tax Budget 2015 had introduced a new section 80CCD (1B) which gives deduction up to Rs 50,000 for investment in NPS (National Pension Scheme) Tier 1 account This new deduction can help you save tax up to Rs 15,600 in case you are in the 30% tax slab. The question is should you take advantage of this […] Continue reading →