Manage Paisa
One question that keeps returning to the mind very often is- “How am I doing on my Financial Front ?”. We then total up all that we have in the form of cash balance, investments, property etc. and try to derive a sense of comfort. But mostly there remains a lingering doubt as to whether or […]
Retirement is a very certain, distinct and significant phase of life. Sooner or later, we all need to retire. Despite the clear and present certainty of retirement, most of us relegate Retirement Planning to passive management. We do this assuming that there is not much to plan for retirement. We must not forget that retirement […]
All of us need money, and most of us need it more and more. The underlying reason for the entire science of Economics is that resources are always scarce as compared to needs. At the micro level, the same applies to all of us albeit in differing proportions. At the basic level, even the poorest […]
Retirement is a reality for almost all of us, and it signifies a distinct phase of life. Looking at retirement from a financial perspective, some of the desirable requirements of retired life are : (a) No liabilities in the form of unpaid loans (b) Fulfillment of most of the major financial objectives like house, children’s […]
The National Pension System (NPS) is GOIs Defined Contribution Pension Scheme and all Indian Citizens (including service personnel) can subscribe to it. One can open NPS Tier 1 Account which carries significant tax benefits, and an additional Tier II account which has relatively no withdrawal restrictions, but does not provide any tax benefits. One needs […]