The most common problem that everyone has with NPS is delay in processing of credits no SIP facility Finally last week NPS has launched D-Remit facility which solves both the issues. When you activate this facility a virtual bank account is created on your behalf and the account number and […..]
What is 200 per day or 6000 per month? One time meal? A biryani? Or the amount that you spend partying in a month? If you had invested this money you would get 1Cr by the end of 25 years. 3 years later your salary might have doubled but you […..]
A single post on NPS will be like writing a book. So I’ll restrict this to the basics of NPS that each one should know before taking an NPS account. NPS or National Pension Scheme is a government-sponsored pension scheme. Earlier it was restricted to government employees but now it […..]
Albert Einstein has rightly said, “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” The problem is people don’t understand the value of this statement. My take: Compound interest is the 8th wonder in the world that can help […..]
This one is especially for Employees who are contributing to EPF. 12% of (Basic + DA) is the mandatory contribution which every employee makes to EPF. Everyone is aware of this. Nothing much to explain here. What I wanted to write about is actually VPF or Voluntary Pension Fund. It […..]
This is one of the two safe and guaranteed options that I suggest to my fellow investors. The other one is of course PPF. The reason why I like this is because of the simplicity of the plan. There is a small chart which summarizes everything and the amount to […..]
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