Dilzer Consultants’ Dilshad Billimoria resolves queries on how to get started in planning retirement, what to keep in mind while planning
Here are five pension schemes that one can consider for parking the lumpsum that one gets at the time of retirement from service
The subscriber has option to defer purchase of annuity for a maximum period of three years, from the date of attainment of 60 or age of superannuation
India's young and middle-aged citizens are saving for retirement and NPS has witnessed robust growth in subscribers.
Currently, NPS subscribers having a corpus of over Rs 2 lakh need to buy an annuity, on a mandatory basis
The regulator has suggested to the government to double the annual tax benefit of Rs 50,000 for NPS
PFRDA has witnessed remarkable growth in NPS subscribers over the years with 74.10 lakh government employees in the scheme and 28.37 lakh individuals
NRIs with a PAN card and bank account can open NPS account online and avail an additional tax benefit of Rs 50,000
Retirement planning is crucial for everyone in a country like India which has a very weak social security net
PFRDA is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of NPS, APY and pension