National Pension System (NPS) Benefits

National Pension System (NPS) was earlier a Compulsory retirement fund for government employees (except army forces). NPS was introduced in 2009 for central and state government employees to replace old benefit-based scheme. Earlier, pension was based on the average of emoluments (basic salary, DA and standard allowances) earned during the last ten months of service […]

What is the Importance of Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP) is all about investing a fixed sum regularly in an equity fund, regardless of market conditions. Over the long term, you end up buying more units when the markets are down and fewer when the markets are up. Thus, your average purchase price is much likelier to be lower than what […]

Invest in ELSS Funds before 31st March

ELSS funds are Equity Linked Savings Scheme that earn investors a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. ELSS funds are one of the many 80C investment options that you can use to save on income taxes before 31st March. While they are one of the […]