What does it take to invest in PPF and stay invested in it? We explain

A PPF investment translates to “Committing to Investing” considering how the same must be continued for 15 years. Putting money in a PPF account surely helps, but are you ready to commit for such a long period, given the comparatively low-interest rates and stringent rules regarding withdrawal?

Magic of compounding: By investing this amount, you can accumulate ₹10 crore before retirement

When you invest ₹50,000 every month in a fund that gives 12% return, you would need nine years and three months to accumulate ₹one crore. The second one crore rupees would take less than five years.

Taxation of EPF withdrawals in India: All you need to know

The Employee Provident Fund (EPF) in India is a significant retirement savings scheme offering financial security and tax benefits. This article provides an understanding of the taxation rules and guidelines governing EPF withdrawals, including taxable amounts, TDS deductions, and exceptions.

How to claim the PPF amount in case of account holder’s sudden death?

The nominee must file a claim along with a death certificate before withdrawing the PPF amount in case of the account holder’s sudden demise. 

What is a pension adalat and how does it work? MintGenie explains

Pension adalat is an informal platform established to resolve pension-related disputes, aiming to ensure timely payments and address grievances. It involves filing complaints, committee reviews, hearings, and appropriate actions to address the issues raised.

How will the PFRDA's rule to allow buying multiple annuities from the same insurer benefit NPS subscribers?

PFRDA is planning to permit NPS subscribers to purchase multiple annuity schemes from the same life insurance company, offering greater choice and flexibility for managing retirement income.

Senior citizens go big on small savings scheme: Report

Collections more than treble to ₹10,000 crore in April; strong inflows seen in coming months

Health insurance: No country for old men? Not anymore

A number of insurers offer flexible insurance plans targeting senior citizens. These have an array of features such as cover for critical illness, pre-existing diseases and lower waiting period, among others

Retirement planning: Move your assets from equities to debt in time, say experts

Retirement planning must not be taken lightly. You must ensure the right equity-to-debt proportion at various life stages, especially before retirement, to optimize wealth creation.

Mother’s Day 2023: How can mothers plan their retirement with mutual fund investments?

Enjoy motherhood but not at the cost of your well-being. Practice self-love by investing in yourself and for yourself while planning your child’s future and finances.

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What does it take to invest in PPF and stay invested in it? We explain

personal finance

personal finance

personal finance