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Retirement Goals: Family finance: Singh can easily achieve his post-retirement goals, create wealth

Retirement Goals: Family finance: Singh can easily achieve his post-retirement goals, create wealth [ad_1] R. Singh has retired at 60 and lives with his 56-year-old wife in Delhi. Besides his self-occupied house, Singh has two other properties, with a combined value of Rs.5.5 crore. His total income from rent and other sources is Rs 1.25 lakh a month. Besides real ...

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Loan Repayment: More than 50% have taken a new loan in past year but repayment is becoming a problem: Survey

Loan Repayment: More than 50% have taken a new loan in past year but repayment is becoming a problem: Survey [ad_1] India is back to chasing its dreams, brushing off inflation and the spectre of the pandemic. The BankBazaar Aspiration Index stands at 87.3, the highest level since the start of the study in 2018. India bounces back The 2022 ...

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NPS Pension Rules: Change in NPS pension rules proposed by PFRDA: How subscribers could gain

NPS Pension Rules: Change in NPS pension rules proposed by PFRDA: How subscribers could gain [ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) has held discussions with the Insurance Regulatory and Development Authority of India (IRDAI) to allow the National Pension System (NPS) pensioners to port their annuity plans. If the proposal goes through, the insurance regulator would allow ...

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How to convert resident savings account to NRO account

How to convert resident savings account to NRO account [ad_1] When a savings account customer’s residential status changes from resident Indian to Non Resident Indian (NRI) he or she must submit the necessary papers and paperwork to update the NRI status across all relationships which includes resident savings accounts in which he or she is a joint holder. Such individuals ...

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7 Reasons for why you need a ‘will’

7 Reasons for why you need a ‘will’ [ad_1] Everytime Shefali’s phone rang, the influx of negative thoughts and the fear of losing another closed one was at peak. The year was 2021 and India was facing the most dreaded phase of Covid-19 pandemic: the second wave of coronavirus. It was a similar feeling for most of us, whether we ...

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