A Rs 1 crore retirement corpus is a 'trap', not a milestone, warns Chartered Accountant Nitin Kaushik. With 6% inflation, its purchasing po...

PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. ...

Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include acco...

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...

Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...

Retired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...

NBC 'Meet the Press' Kristen Welker interview was conducted on a farm in Wisconsin, where Donald Trump was addressing farmers

The Central IAS Association has submitted recommendations to the 8th Central Pay Commission. They are seeking a review of policies regardin...

Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...

NPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...

Retirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retire...

Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...

Indian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...