From 1st May 2009, Indians will have access to another investment option to plan for retirement in the New Pension Scheme (NPS) regulated by Indian government. Please see my earlier post on the details. This post gives answers to frequently asked questions. I am collating this data from multiple sites. Who can join the New [...]
Archive for the ‘Investment Advice’ Category
2 May
Forget highly costly, ULIP based private pension funds. Invest in Indian government controlled pension fund from 1st May 2009.
Indian government has announced government controlled pension funds for every citizen of India. This fund has been launched from 1st May 2009 and will be regulated by government and will be least costly for individual’s pocket. Why to wait? Start investing lump sum money in these pension funds from right away. Please read on to [...]
6 Jan
Top two New Year Resolutions for everyone. First one is ‘Medical Insurance’ and second ‘Term Life Insurance’.
According to one survey recently, covering tax returns filed by more than 1,100 IT professionals from Bangalore, Hyderabad and Chennai, 84 per cent of them didn’t have any medical insurance and an average 42 per cent didn’t even have life insurance. It’s New Year again and time for new resolution(s). No, no. Here I will [...]
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