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(NPS) National Pension System: Benefits, Interest Rate and Eligibility

Investing, Pension, Section 80C, Tax Saving / By My Finopedia / January 24, 2023 February 2, 2023

A public defined contribution retirement savings plan is known as a National Pension System (NPS). The NPS wants to encourage people to make retirement savings a habit. Putting money into this financial instrument will increase your wealth while also reducing your tax burden. In this article, we shall cover the the necessary details regarding NPS. …

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Tax Treatment Of Retirement Funds

Pension, Planning, Retirement Planning / By My Finopedia / August 16, 2022 August 16, 2022

Not all of your income will be yours even after your retirement. The tax element comes into play. This will reduce the amount that an individual has in their hands. One needs a careful estimation as well as proper knowledge to tell when and how the retirement amount will be taxed and the kind of …

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What is Pension Scheme? Types Of Pension Plans? Retirement and Pension!

Pension, Planning, Retirement Planning / By My Finopedia / June 8, 2022 June 8, 2022

PensionOne of the most common ways in which an individual receives amounts at the time of retirement is a pension. A pension is a regular payment received by an individual from an entity who can either be his employer or some other institution like a mutual fund or an insurance company. Pension plays a very …

What is Pension Scheme? Types Of Pension Plans? Retirement and Pension! Read More »