2020 Best Retirement Planning-Mutual Fund or Pension Plan?
Which option to choose for retirement planning. Mutual Fund or Pension plan?
Which option to choose for retirement planning. Mutual Fund or Pension plan?
LIC Jeevan Akshay VII Plan is a single premium non linked immediate annuity plan offered by India’s most trusted insurance company Life Insurance Corporation of India. This pension plan has been reintroduced by the LICI w.e.f 25.08.2020.
10 Easy Steps on How to Write a Will on your own.A will is a legal declaration of the intention of the testator regarding his properties, which he desires to be fulfilled or comes into effect after his death.
A Will is a legal document which ensures that the Will writer’s(Testator) wishes are fulfilled after his death. A person records his wishes regarding his properties in a Will and which are to be followed accordingly after his death.
So, a Will can be defined as the legal declaration of the intention of the individuals that has been made when he is alive. So, it is a kind of document that legitimately helps to distribute his left out properties among the beneficiaries after his death.
National Pension System or New Pension Scheme (NPS) is a predefined contributory pension system which was introduced by the government of India in January 2004. This NPS scheme was primarily meant for the Govt. employees only.
Before 2004, NPS used to be a defined benefit plan, wherein the benefits available to the pensioners post-retirement were pre-defined. But to reduce its pension liability the Central Govt. resorted to a contributory pension plan in the name of National Pension System.
HDFC Asset Management Company has come up with the idea of launching a completely new ETF named HDFC Banking ETF. This New Fund Offer/NFO would be available to the public from 10th August 2020 to 14th August 2020.
Form 15G: As per the Income Tax Rules 1962, an individual aged below 60 years, is required to submit a declaration in Form 15G to the respective entities such as Banks, Financial institution for not deducting TDS on the interest income.
The Labour department has published the Minimum Wages West Bengal for 93 scheduled employments w.e.f July 2020 to December 2020 vide Circular Dated 25.06.2020.
7 important sectors are shared below.
Paddy Procurement in India is considered to be the pillar of the Indian rationing system. There is no doubt that the success of this rationing mechanism completely depends on the paddy procurement system.
Pradhan Mantri Pension Yojana is popularly known as Pradhan Mantri Vaya Vandana Yojana.
This Pradhan Mantri pension scheme is a flagship pension scheme of the Government of India solely meant for the senior citizens of India.