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Bollywood singer Arijit Singh has announced to quit playback singing. He gave this information on Instagram post. Arijit wrote- Hello, Happy New Year everyone, thank you for giving love for so many years. I would like to happily inform that now I will not be taking any new assignments as a playback vocalist. Ending it…
New Delhi: CA Nitin Kaushik says that if one assumes that Rs 3.5 crore will be enough to feel rich after 30 years then it reflects their flawed understanding of long-term finances. He says that what seems like a fortune today may barely cover basics in the future. Kaushik says that a comfortable retirement life…
New Delhi: A growing number of people nearing retirement will learn that having several crores saved for retirement does not ensure peace of mind. According to CA Nitin Kaushik, people who are content in retirement are those who have aligned risk with reality and pursued stability and time rather than returns. In a post on…
New Delhi: CA Nitin Kaushik has said that to have a good retirement corpus one has to invest early. Early investment ensures a healthy retirement corpus which serves as a financial safety net to cover living costs, healthcare and other lifestyle needs and ensures a comfortable and financially secure life throughout retirement. His X post…
New Delhi: A social media user has asked an important question whether Rs 10 crore would be enough for a comfortable life in India after retirement. The post has sparked debate about personal finance and the cost of living in India. The user took to Reddit with the post titled “Would Rs 10 crore be…
Cheteshwar Pujara shared a message from Prime Minister Narendra Modi after announcing his retirement from all forms of cricket on August 24. Modi lauded Pujara for his remarkable contributions to Indian cricket, emphasising his ability to uphold the values of Test cricket in an era dominated by shorter formats. He praised Pujara’s temperament, focus, and…
The Employee Pension Scheme (EPS) is a pension scheme where employees receive a pension based on their years of service after the age of 58. Alternatively, you can take an early pension at 50 years of age. The pension fund is contributed to by both employers and employees. Let’s assume the salary of the individual…
A Systematic Investment Plan (SIP) is an investment strategy that provides you with the opportunity to invest a fixed amount of money at regular intervals in a mutual fund or scheme of your choice. It is not a fund, but a mode to invest in equity-related funds or other schemes. Let’s see how much time…
The monthly pension for an employee is determined by their service period, which is taken up to the next year if their service period is six months or more. For instance, a service period of 10 years 7 months would be taken as 11 years. Taking an employee drawing a basic salary of Rs 68,000…
A Systematic Investment Plan (SIP) is a simple and smart way to invest in Mutual Funds. Instead of investing a large amount at once, you can invest small amounts regularly, like daily, weekly, or monthly. It works like a recurring investment, where the amount is automatically debited from your bank account and invested in the…