Finance Minister Nirmala Sitharaman announced NPS Vatsalya scheme in Budget 2024. What is this scheme about, and who should consider investing in it?
Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the
Both existing and prospective NPS investors will soon be able to choose the Balanced Lifecycle Fund, with the possibility of it becoming the default o
The new scheme would be effective in the next quarter, maybe in August and September
The government may pay 50% of last drawn as penion under NPS to its employees
Currently, over 1.81 crore people are enrolled in NPS which has Rs 12,56 lakh crore of assets under management as on May 25, 2024
Employees can choose the old or the new tax regime. The old tax regime has a provision for lot of deductions and the new one has none, barring the s
People often get confused about where to invest between NPS and mutual funds. Which is better, NPS or equity mutual funds? Here we look at both
The drop can be attributed to the fact that the union budget for 2023-24 raised the exemption limit to Rs 7 lakh
It is important that policyholders estimate their insurance needs based on their future earning potential, making sure to purchase tax-efficient life