VPF Vs PPF: Which is better in 2023?

Voluntary Provident Fund or Public Provident Fund in 2023.  Difference between VPF Vs. PPF and how to choose between the two? This was a dilemma when even I joined my salaried job for the first time more than a decade…

Difference between NPS Active & Auto Choice (Updated 2023)

As you already know, the National Pension System or NPS is designed to save for retirement by making a contribution during the work life. Though most people still don’t give retirement planning the importance it deserves (read why?), the government…

NPS Exit & Withdrawal Rules & Taxation (Latest 2023 Update)

The National Pension System (or NPS) is a retirement savings product that allows investors to invest in equity and debt as a means for proper retirement planning. And it is aimed at providing a pension at the time of retirement…

Why Fee Only Financial Planner is Best For You?

Till now, you have been getting the so-called free advice from your investment agents (more specifically MF distributors, insurance agents and IFAs). So why am I telling you that ‘Fee-Only Investment Advisor’ or ‘Fee-Only Financial Planner’ better for you? Because,…

Income Tax on Life Insurance Premiums & Maturity in India (Updated 2023)

The real purpose of purchasing life insurance is to avoid tragic stories like this. But many still wrongly feel, that life insurance is a waste of money. But luckily and thanks to our government’s tax-saving policies, they still end up…

NPS Rs 50,000 per year – Retirement Corpus & Pension Calculation (2023)

Even though NPS is a product designed exclusively for retirement planning, what attracts most people to NPS is Rs 50,000 extra tax benefit it offers via deduction. As per the current tax rules (2019-20), there is an additional Rs 50,000…

Benefits of Fee-Only Advice in India

When financial advice is easily available free (as many believe it) from family, friends, colleagues and online, then what can be the reason for paying a fee for getting it? Many in India think like this. There is a general…

EPF Interest Rate History (Updated 2023) & Interest Calculation EPF Balance

Are you looking for EPF Interest Rate for the financial year FY 2022-23?. EPF Interest Rate is 8.1% for the financial year FY 2021-22. This is as per the latest EPF interest rate 2023 notification of the government. Employee Provident…

Is Rs 1 crore enough to retire in India (2023)?

Is Rs 1 crore enough to retire in India? Recently, a friend told me that he had ‘finally’ managed to save Rs 1 crore (not including his real estate investments). And he was quite happy about this achievement as the…

NPS Calculator Excel-based (Free) Download (2023 Update)

If you invest in NPS (National Pension System) in 2023, then I am sure you would be interested in knowing the following: How much money you can accumulate in NPS by retirement? How much NPS retirement corpus will you have?…