First, it is important to understand that retirees invest in Annuity products to increase their human capital. The Insurance providers are providing so many new options these days around Annuity Products, it is impossible to discuss all options! Secondly, annuities have the unique advantage of having generally no upper limit of investment. So theoretically, if…
Let us look at different sections under which National Pension Scheme provides tax relief. Again, primary purpose of us investing in in this tool is NOT to save taxes. It is to invest for our retirement and increase our human capital beyond our working age. It is already a given that we all exhaust our…
Above two images give you a good overview of National Pension Scheme. If you do not want to read the entire blog, please spend time reading the above two images. Remember, the purpose of National Pension Scheme is not to save you more taxes – it is to provide for the cashflows after retirement. Saving…
