7 Ways to use Your Bonus Amount..!

7 Ways to use Your Bonus Amount..! Do not blow away your annual bonus on needless things & unnecessary expenses. Use it to fortify your finances and fill the gaps in your financial plan, says Ms. Preeti Kulkarni, ET 1. INVEST IN NPS, SUKANYA SAMRIDDHI YOJANA..1 The Nationa…

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FLYER- Atal Pension Yojana

FLYER - Atal Pension Yojana (APY) Target segments of APY The APY will be focussed on all Citizen of India, especially those in the unorganised sector, who do not have any formal pension provision. The scheme encourages these workers to save voluntarily for their retirement. …

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HIGHLIGHTS OF ATAL PENSION YOJANA

Under the ATAL PENSION YOJANA (APY), there is guaranteed minimum monthly pension for the subscribers ranging between Rs. 1,000 and Rs. 5,000 per month.  The benefit of minimum pension would be guaranteed by the Govt. of India (GoI).  GoI will also co-contribute 50% of the s…

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ATAL PENSION YOJANA Guaranteed Pension by Govt. of India

ATAL PENSION YOJANA JAN DHAN TO JAN SURAKHSHA  Guaranteed Pension by Govt. of India (GOI) BRIEF OF ATAL PENSION YOJANA   The Government of India is concerned about the old age income security of the working poor and is focused on encouraging and enabling them to save for the…

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Atal Pension Scheme

Atal Pension Scheme Pension Scheme For all Bank account holders whose age is between 18 to 40 years. Period of Insurance Annual : 1st June - 31st May

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Budget 2015-16: Major boost for Pension Schemes & NPS...!

Budget 2015-16:   Major boost for Pension Schemes  & NPS...! The additional tax incentives for investments in pension funds & the NPS are intended to push up retiral savings in the long term. in a bid to create a “pensioned society“, Finance Minister Mr. Arun Jaitley ha…

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Only 20% Firms Offer Pension Plans In India

Only 20% Firms Offer  Retirement  Plans In India...! A study of about 130 domestic & multinational companies has revealed that only one-fifth of Indian employers offer retirement pension schemes to their employees. According to a study by Vantage Health & Benefits Consu…

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INCOME TAX PENSION SCHEMES..

Pension scheme provides social security to a person in his old age. With a view to making the pension scheme popular, Union Government allowed deduction under Section 80CCC in respect of contribution made towards any annuity plan of LIC of India or any other insurer for rec…

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Bajaj Allianz Life Insurance: Pension Guarantee plan

An immediate annuity plan that pays benefit to even the last survivor after spouse     Option for up to 100 % annuity to spouse     Minimum purchase price is as low as Rs. 25,000 Bajaj Allianz Life Insurance has launched a non-linked immediate annuity plan called Pension Guara…

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ICICI Prudential Life launches ICICI Pru Easy Retirement

~ Build your retirement corpus in a cost effective and flexible manner ~ ~ Enhance your corpus by staying longer and get regular income for life ~ ~ Enjoy the convenience of online purchase ~ Key Highlights: Cost effective: The more you contribute and the longer you contribute …

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NPS, EPFO and insurance firms beginning to invest in Bond Market..!

Safety is, as it should be, the first criterion while saving for one's retirement kitty. However, safety for too long can be damaging, in terms of returns. The consumer price index (CPI) has been about 10% during the past year while the return from the employee provident…

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LIC New Jeevan Nidhi - Pension Plan..!

LIC's NEW JEEVAN NIDHI is a deferred pension plan which is launched on recently.  ** New Jeevan Nidhi also provides a risk cover during the deferment period. ** The USP of the New Jeevan Nidhi plan being the pension can commence at  55 years. ** The premiums paid are exem…

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