Being in a lockdown has changed the way we live and work, spend and save… Would you like to know how it has impacted your money-sense? Take this quiz and get to knowRead more
Category Archives: Personal Finance
If you want to earn an extra buck in interest, without losing any sleep, you may consider some top-quality corporate fixed deposit options over the conventional bank FDs.Read more
If you stop a running SIP, you are preventing yourself from taking advantage of rupee cost averaging.Read more
An additional deduction for investment up to Rs. 50,000 in NPS is available to NPS subscribers under subsection 80CCD (1B). This is over and above the deduction of Rs. 1.5 lakh available under section 80C of Income Tax Act.Read more
Is the National Pension System (NPS) the right instrument for tax saving and building a retirement corpus?
NPS allows subscribers to claim additional exemptions of Rs. 50,000, u/s 80CCD (1B) over and above the limit of Rs. 1,50,000, u/s 80C. Further, the lumpsum amount is completely tax free when withdrawn.Read more
NRI’s today are spoiled for choice with a host of interesting investment options within the country.Read more