NPS Vs PPF: Choosing The Right Retirement Plan For Your Future
2 weeks, 6 days ago

NPS Vs PPF: Choosing The Right Retirement Plan For Your Future

ABP News  

NPS Vs PPF: As retirement planning gains importance, consistent investments over the years have become the cornerstone of creating a robust financial corpus. PPF suits those seeking low-risk, guaranteed returns, while NPS offers higher growth potential through diversified market-linked investments. Both plans offer tax benefits under Section 80C of the Income Tax Act, though NPS allows an additional deduction of Rs 50,000 under Section 80CCD, making it a preferred choice for maximising tax savings. National Pension System : Market-Linked Retirement Savings Overview and Benefits NPS is a market-linked voluntary scheme that invests in both equity and debt instruments, enabling investors to build a retirement corpus and receive a pension. Tax Advantages NPS subscribers can claim tax deductions up to Rs 1.5 lakh under Section 80C and an additional Rs 50,000 under Section 80CCD.

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History of this topic

VPF Vs PPF: Which Is Better For You & Should You Invest In Both?
2 weeks, 4 days ago

VPF Vs PPF: Which Is Better For You & Should You Invest In Both?

ABP News  

Voluntary Pension Fund and Public Provident Fund are two popular and trusted long-term investments that cater to different investment needs. VPF is a part of Employee Provident Fund and is tied to your salary, while PPF is a government-backed savings scheme open to all individuals. Public Provident Fund Public Provident Fund is another low-risk savings scheme that offers steady returns …

Retirement ready: Here are some essential tips for financial security
3 weeks, 5 days ago

Retirement ready: Here are some essential tips for financial security

Live Mint  

The idea of planning for retirement at a young age may seem unconventional to many. Retirement planning is an essential component of a sound financial strategy, providing ample time to address potential challenges that may arise. Here are some tips to ensure financial security in retirement: Setting the foundation: Evaluating financial goals Effective retirement planning begins with assessing financial goals. …

Children’s Day 2024: Top investment options to secure your child’s future – PPF, Bank FD, MF, SIP, NPS and more
1 month, 1 week ago

Children’s Day 2024: Top investment options to secure your child’s future – PPF, Bank FD, MF, SIP, NPS and more

Live Mint  

Children's Day 2024 celebrates the innocence and potential of every child. Children's Day 2024: Top Child Investment Options The most popular investment plans for children include PPF for minors, Fixed Deposit schemes, mutual funds, gold bonds, gold ETFs, etc. Here are the top child investment options PPF for minors A Public Provident Fund for minors can be a good way …

Unified Pension Scheme: How does it differ from the Old and New Pension Scheme?
3 months, 3 weeks ago

Unified Pension Scheme: How does it differ from the Old and New Pension Scheme?

The Hindu  

The story so far: Fulfilling a long-standing demand of government unions, the Centre on Saturday, unveiled a new ‘Unified Pension Scheme’ assuring government employees half their last drawn salary as a lifelong monthly benefit. The move is also a surprising rollback by the NDA government as it was the original NDA – the Atal Bihari Vajpayee government – which had …

PPF: Triple advantage of Public Provident Fund— explained
6 months, 3 weeks ago

PPF: Triple advantage of Public Provident Fund— explained

Live Mint  

The Public Provident Fund in India offers a secure long-term savings avenue with guaranteed interest rates and income tax deductions under Section 80C. Second, the contributions made to a PPF account qualify for tax deductions under Section 80C of the Income Tax Act, providing additional financial benefits to investors. "Initially, it furnishes a secure and low-risk pathway for long-term savings, …

NPS vs VPF: A Comparative Analysis of Interest Rates and Investment Features
7 months ago

NPS vs VPF: A Comparative Analysis of Interest Rates and Investment Features

India TV News  

Choosing the right retirement planning scheme is a crucial decision that can significantly impact your financial future. Today, we will compare the VPF and NPS interest rates, investment features, and other key aspects, to help make an informed decision for retirement planning. Difference Between VPF and NPS Let’s look at the differences between VPF and NPS interest rates, investment features, …

Mix Of OPS & NPS! How Guaranteed Pension Scheme Will Work In Andhra Pradesh?
1 year, 2 months ago

Mix Of OPS & NPS! How Guaranteed Pension Scheme Will Work In Andhra Pradesh?

News 18  

The Andhra Pradesh government is planning to implement a Guaranteed Pension System for its employees, which is a hybrid model of the Old Pension Scheme and the New Pension Scheme. Under the GPS, all state government employees will be eligible for a guaranteed monthly pension of 50% of their last drawn basic salary and dearness allowance. Old Pension Scheme The …

Independence Day 2023: How to plan your post-retirement financial independence with NPS?
1 year, 4 months ago

Independence Day 2023: How to plan your post-retirement financial independence with NPS?

Live Mint  

Remember the Nobel laureate Rabindranath Tagore’s famous lines, “Where the mind is without fear and the head is held high”. It furnishes a range of advantages not commonly found in other retirement savings schemes, including: Market-linked returns: The performance of your NPS investment is directly tied to the fluctuations of the market, offering you the possibility of achieving superior returns …

Explained: National Pension Scheme (NPS) vs Old Pension Scheme (OPS)
1 year, 9 months ago

Explained: National Pension Scheme (NPS) vs Old Pension Scheme (OPS)

Hindustan Times  

With every passing day, demand for the restoration of the Old Pension Scheme is growing louder. Centre rolls out a one-time option for select employees to opt for OPS The central government recently decided to offer a one-time option for the "Old Pension Scheme" to a select group of central government employees. from the government servants appointed on or after …

Why you should consider National Pension System (NPS) over other annuity scheme?
1 year, 9 months ago

Why you should consider National Pension System (NPS) over other annuity scheme?

Live Mint  

NPS scheme: The National Pension System helps in creating a stable income source for every individual post-retirement. According to tax and investment experts, NPS provided an affordable investment model among other annuity plans available in the market along with income tax benefits. On why one should choose NPS over other annuity schemes available in market, Sreekanth Nadella, MD and CEO …

Want to secure your finances before retirement? Check these government pension schemes
2 years ago

Want to secure your finances before retirement? Check these government pension schemes

Firstpost  

One of the major challenges of retirement is maintaining financial stability. Keeping that in mind, the government has developed a variety of unique pension plans to guarantee the stability and financial security of the country’s elderly population after retirement. Here are some of such government retirement schemes that senior citizens can opt for: National Pension Scheme : The NPS is …

NPS subscribers can now invest up to 75% in equity — Know all about it
2 years, 1 month ago

NPS subscribers can now invest up to 75% in equity — Know all about it

Firstpost  

PFRDA has decided to allow an option to allocate 100 percent of a subscriber’s contribution to Asset Class E in Tier-II under the active choice without any conditions of tapering from the age of 51 years The equity allocation guidelines for National Pension System accounts have been recently modified by the Pension Fund Regulatory Authority. Further, PFRDA has decided to …

NPS Subscribers Can Now Invest Up To 75% In Equity — Here's What It Means
2 years, 1 month ago

NPS Subscribers Can Now Invest Up To 75% In Equity — Here's What It Means

News 18  

The Pension Fund Regulatory Authority has recently revised the equity allocation standards for National Pension System accounts. As a result, NPS subscribers can now invest up to 75 percent of their funds to equity under active choice without any conditions of tapering from the age of 51 years as earlier. Under NPS-All Citizen Model, as of now, subscribers have the …

NPS scheme: 5 reasons to opt this plan for better return with minimum risk
2 years, 4 months ago

NPS scheme: 5 reasons to opt this plan for better return with minimum risk

Live Mint  

NPS scheme: The National Pension System is a unique pension plan backed by the Government of India, which provides both equity and debt exposure in single investment. Speaking on the reason for NPS scheme gaining popularity among investors, Ajit Kumar, Chief Strategy Officer at KFintech said, "One of the reasons NPS is growing in popularity is its highly simple and …

NPS Subscribers Can Now Change Investment Pattern 4 Times In A Year; Check NPS Details
2 years, 6 months ago

NPS Subscribers Can Now Change Investment Pattern 4 Times In A Year; Check NPS Details

News 18  

National Pension System‘s subscribers will now have an option to change their asset allocation four times in a financial year. It is a government- Schemes Under the NPS In the National Pension System, there are multiple pension fund managers and investment options. “Schemes of the National Pension System are becoming an important asset for investment for long-term saving of the …

NPS Calculator: Want to Get Rs 50,000 Pension After Your Retirement? Know How to Invest
2 years, 6 months ago

NPS Calculator: Want to Get Rs 50,000 Pension After Your Retirement? Know How to Invest

News 18  

NPS Calculator: Indian citizens who contribute to the country’s workforce look for several schemes, which will help them save money and provide returns without having much risk. The NPS is jointly offered by the Pension Fund Regulatory and Development Authority and the government of India, and acts as a stable savings against one’s retirement. NPS Eligibility A National Pension Scheme …

NPS To Soon Have Risk Rating System; Know How You Should Pick Best Pension Scheme
2 years, 6 months ago

NPS To Soon Have Risk Rating System; Know How You Should Pick Best Pension Scheme

News 18  

Schemes under the National Pension System will soon have ratings that will inform investors about the level of risk involved in a particular scheme that they are opting to invest in. The investment under various asset classes of the Schemes of Pension Funds would involve different level of risks for subscribers and, therefore, it is desired that the adequate disclosure …

EPF vs NPS: Which one is most appropriate for you?
2 years, 6 months ago

EPF vs NPS: Which one is most appropriate for you?

Live Mint  

To grow their nest fund, most salaried people have access to two broad retirement-specific tools, Employees' Provident Fund and National Pension System. The Employees' Provident Fund Organisation acquired 1.11 crore members between March 2021 and February 2022, whereas the National Pension System registered 93.6 lakh for the full FY 2021-22. National Pension System NPS is a defined contribution retirement savings …

NPS Calculator: How to Get Rs 1 Lakh Pension Per Month With Monthly Investment of Rs 5,000
2 years, 7 months ago

NPS Calculator: How to Get Rs 1 Lakh Pension Per Month With Monthly Investment of Rs 5,000

News 18  

The National Pension System, or NPS, is a retirement saving option where individuals can contribute a monthly amount to withdraw regular income after retirement. Under the NPS Tier 1, a person is allowed to withdraw 60 per cent of the accumulated corpus contributed during his/ her working years at the time of retirement, which is tax-free. Assuming the annuity rate …

How does NPS compare with EPF, ELSS and PPF schemes?
2 years, 7 months ago

How does NPS compare with EPF, ELSS and PPF schemes?

Live Mint  

The National Pension System is available to all Indian citizens between the ages of 18 and 70 years. This article will help you understand whether NPS can score over Employees‘ Provident Fund, Equity-linked Savings Scheme and Public Provident Fund if you plan to invest for your retirement. NPS vs ELSS ELSS is a form of equity mutual fund which allows …

PPF vs EPF vs NPS vs mutual funds: Guide to your pension plans
2 years, 8 months ago

PPF vs EPF vs NPS vs mutual funds: Guide to your pension plans

India Today  

Savings for retirement and pension plans are essential even as one needs to look after immediate goals such as children's education and buying a house or flat. PPF INTEREST RATE, INCOME TAX BENEFITS PPF is considered as one of the safest avenues for saving as it offers guaranteed and income tax-free returns. PPF also offers Rs 1.5 lakh deduction on …

NPS Update: Centre Mulling Over Raising Annuatised Pension Withdrawal Amount
2 years, 8 months ago

NPS Update: Centre Mulling Over Raising Annuatised Pension Withdrawal Amount

News 18  

In the wake of some states mulling over re-introducing the old pension scheme for their staff, the central government is planning to make the reform-oriented National Pension System more attractive by increasing its annuatised amount for the employees, according to a report. Under the NPS, a person is allowed to withdraw 60 per cent of the accumulated corpus contributed during …

EPFO’s pension scheme likely to get a reboot
2 years, 10 months ago

EPFO’s pension scheme likely to get a reboot

Live Mint  

Retirement fund body Employees’ Provident Fund Organisation is toying with the idea of bringing out a new pension product for organised sector workers not covered under the Employees’ Pension Scheme, 1995. Public Provident Fund: PPF is a government-backed savings vehicle with quarterly fixed returns determined by the government. We showcase some of the key differences between NPS and PPF: National …

NPS Subscribers May Soon Get To Change Investment Pattern, Says PFRDA
2 years, 11 months ago

NPS Subscribers May Soon Get To Change Investment Pattern, Says PFRDA

ABP News  

New Delhi: Subscribers of the National Pension Scheme will soon get to change the investment pattern, according to the announcement by the Pension Fund Regulatory and Development Authority. In an official tweet, the PFRDA chairman said it will soon allow subscribers of the NPS scheme to change the investment pattern as many as four times during a financial year as …

Should you invest in NPS just for the tax benefits?
3 years, 1 month ago

Should you invest in NPS just for the tax benefits?

Live Mint  

National Pension Scheme is an essential retirement planning tool. NPS investment has two options Active mode: The investor can evaluate the return annually and switch from equity to debt and debt to equity options in the active mode. This scheme has brought the comfort of the monthly pension enjoyed by the government employees to others like employees, freelancers, self-employed, etc.,” …

PPF vs NPS: Which investment plan is better for creating retirement corpus?
3 years, 2 months ago

PPF vs NPS: Which investment plan is better for creating retirement corpus?

Live Mint  

PPF vs NPS: The National Pension System or NPS is PFRDA administered voluntary pension scheme created through a parliamentary act. However, when it comes to choosing either PPF or NPS, people get confused as to which would give them more return and income tax exemption. The SEBI registered tax and investment expert said that NPS has eight fund managers where …

NPS scheme: 5 benefits of National Pension System that you should know
3 years, 4 months ago

NPS scheme: 5 benefits of National Pension System that you should know

Live Mint  

NPS scheme: National Pension System is a retirement-oriented investment option that provides a periodic annuity and a lump sum corpus on the attainment of retirement age. NPS scheme is one of the ideal pension and retirement planning schemes available in India for salaried, self-employed professionals and freelancers like lawyers, doctors, chartered accountants, entrepreneurs, architects and others who work in their …

PPF vs Mutual Fund: How to save for retirement
3 years, 8 months ago

PPF vs Mutual Fund: How to save for retirement

Live Mint  

PPF vs Mutual Fund: Retirement means end of earning for many but it certainly doesn't mean end of spending. If one invests in debt fund, one can expect to get at least 8 per cent return while in equity mutual fund for long-term the expected return would be at least 12 per cent. Advising Gilt Fund to investors looking for …

NPS schemes deliver returns up to 22% in one year
3 years, 11 months ago

NPS schemes deliver returns up to 22% in one year

Live Mint  

National Pension System schemes show stellar performance as the equity and debt schemes by all the pension fund managers gave double-digit returns in the last one year. As the stock markets soared to new highs, the Scheme E of NPS delivered as high as 22% returns in the last one year, in line with the benchmark returns. HDFC Pension Fund …

National Pension System Vs Atal Pension Yojana: Which is better and why
3 years, 11 months ago

National Pension System Vs Atal Pension Yojana: Which is better and why

India TV News  

When we hear the word "pension", the first thing that comes to mind is guaranteed income after retirement. The two hugely popular schemes are -- National Pension System and Atal Pension Yojana. While the NPS was launched in 2004 by the Atal Bihari Vajpayee government, the APY was introduced by the Modi government in 2015 that focuses mainly on the …

PPF or VPF? Know Which Saving Scheme is Better for You
3 years, 11 months ago

PPF or VPF? Know Which Saving Scheme is Better for You

News 18  

Who wouldn’t prefer a saving scheme that ensures corpus security, assured returns along with tax benefits? Among the most commonly subscribed tax saving investments are the Public Provident Fund and Voluntary Provident Fund. In layman terms, VPF is a voluntary contribution made by an employee from her salary into the Provident Fund account. The scheme is an extension of the …

NPS Gilt Schemes: Know About Benefits and Top Performers
4 years ago

NPS Gilt Schemes: Know About Benefits and Top Performers

News 18  

Government securities funds and national pension system’s schemes are well liked by people as they offer substantial results. According to data by mutual fund tracking firm Value Research, pension funds have indeed done way better than the mutual fund gilt schemes. When compared with the performance in schemes E and C, LIC Pension Fund has also been a top performer …

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