The NPS Scheme has been evolving over the years and we think that, in its current avatar, it is a good way to prepare for retirement.
What makes the NPS scheme a good way to prepare for retirement Read More »
In September 2022, LIC launched a new pension product. LIC’s New Pension Plus – LIC’s NPP(plan number: 867) with features similar to NPS. In the case of NPS, the default retirement age is 60. But in the case of LIC’s NPP, you can choose the policy maturity age and this can be as early as 35. So, does the LIC’s NPP score over NPS? Let’s find out!
LIC’s New Pension Plus – can it replace NPS? Read More »
One of the intriguing things about Indian Union Budget presentations is that tweaks to the tax laws that get just a half-a-minute mention in the budget speech often pack a big punch for taxpayers. This year, the move that fits this description is the Centre’s decision to offer a new friendlier tax regime .
New tax regime – is it goodbye for section 80C investments? Read More »
Deductions under section 80c are either expenses or investments. Blend tax-efficient debt and equity investment options to maximise benefits and balance risk There’s no dearth of ways to reduce your income tax outgo. Section 80C of the Income Tax Act alone gives you about a dozen options. This section is vital to your taxes as
How you should use Section 80C for saving taxes Read More »
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