NPS vs PPF is not an easy question to answer, but why should you face such a question? Because no one has an unlimited amount of money to invest. Therefore, when we must make an investment choice, "This or That" or "X vs Y" or "Which is better" questions invariably pop up. Whether we talk about tax-saving or retirement or creating wealth, you will face such dilemmas. … [Read more...] about NPS vs PPF: Which is better?
In this post, I will discuss tax benefits for NPS and the tax treatment of maturity proceeds. I will discuss if it makes sense to invest in NPS now or if you should invest in NPS for the exclusive benefit of Rs 50,000 under Section 80CCD(1B). NPS Tax Benefits (Latest) This part has not been affected by the latest budget. Only contribution to Tier-I NPS account is eligible for … [Read more...] about NPS Tax Benefits and Tax Treatment at Maturity (Latest)
Should I invest in NPS? Or Should I invest Rs 50,000 in NPS for exclusive tax benefit under Section 80CCD(1B) and no more? This is a question that worries many of us in the last quarter of financial year. What should you do? Taxation and withdrawal rules have witnessed a massive change in the last few years. How do these changes affect your decision to invest in NPS? From … [Read more...] about Should you invest in NPS?
NPS (New Pension Scheme or National Pension System) has drawn attention of many investors since it got a few exclusive tax benefits. With the financial year drawing to a close, the interest has got even stronger. NPS is a relatively new product. Taxation of maturity proceeds of NPS has been a subject matter of great speculation over the last year. Rules for partial withdrawal … [Read more...] about Common Doubts about NPS