There are multiple National Pension scheme or NPS withdrawal options. All the NPS withdrawal options are subject to certain conditions. The category wise NPS withdrawal options are discussed below. Categories of NPS withdrawal options Category Government Employee Non-Government Employee 1) Premature or on voluntary retirement. This option is triggered when an investor decide to withdraw … Read more
Senior Citizen Savings Scheme is one of the scheme under National Saving Institute of Government of India. Senior Citizen Savings Scheme mobilise savings through post office and designated banks branches. Recently, certain changes have been made in Senior Citizen Savings Scheme. We will discuss in this post the Senior Citizen Savings Scheme with latest updates. … Read more
Commodity trading in India is a term associated with investment. Commodity trading in India is lucrative though the investor base is small. Commodity trading in India can provide good return if it is carried out with prudence. In this post, we will discuss the concept of commodity trading in India, its benefits and strategizes. The … Read more
Introduction Employee Pension Scheme is a social security scheme and it impacts large section of employees in India. Employee Pension Scheme is part of Employee Provident Fund (EPF) in India. Recently Employee Pension Scheme is in news because of changes government has brought in this scheme. These changes may impact personal finance of lakhs of … Read more
Leave encashment refers to paying money against unused leaves. Leave encashment is a benefit given to an employee by its employer. Leave encashment can be availed during service period and at the time of retirement. It is important to know about leave encashment for better leave planning. It also helps in taking time off from … Read more
Wealth creation is an aspiration of all individuals. Wealth creation gives a sense of fulfilment, social status and security. However, all are not equally blessed for wealth creation. It varies individual to individual. In this article, we will discuss the importance of wealth creation, and how you can create wealth successfully. What is wealth? Wealth … Read more
National Savings Certificate (NSC) is a fixed-income scheme of Government of India. National Saving Certificate is easy and safe to invest. National saving Certificate has many features which makes it an attractive investment scheme. What is National Savings Certificate? National Savings Institute under the Department of Economic Affairs, Ministry of Finance, Government of India, mobilise … Read more
Futures and options are terms related to capital market. Futures and options are basically financial product which are used to acquire or trade underlying shares, commodities or currency. If dealt with correctly, futures and options could be a big money making opportunity. Futures and options are contract between two parties to buy or sell underlying … Read more
Investment in gold is one of the most common choice. Investment in gold was preferred in ancient time as it not only served as store of value but also as an ornamental need. The ancient love for investment in gold is still continuing, though ways of investment in gold have changed. Unlike past, today there … Read more
Dearness allowances is a benefit given to employees to compensate effect of inflation. Dearness allowances was introduced by Government of India, Pakistan and Bangladesh after the second world war It is calculated as a percentage of basic salary Dearness allowance varies from place to place as effect of inflation is not same in all places. … Read more