Showing posts with label National Pension SCheme. Show all posts
Showing posts with label National Pension SCheme. Show all posts

Monday, 25 May 2015

A Comment on How to reduce your tax burden

My Comment on an article "How to slash your taxes by Half" published in the economictimes.com Dated 23/05/2015 at 3:25 pm.


"Very smart and good advice here by this author on cutting your tax liabilities. 

Ask your employer to reduce your special allowances and instead use that amount for paying contribution towards National Pension schemes and convert some of the allowance into monthly food coupons. 

Take the National Pension Scheme membership and put some money into your health Insurance policy, etc. which are not taxable. 

In this way you are able to save a lot of income-tax."

Wednesday, 30 April 2014

A Comment on National Pension Scheme being sufficient to retire rich

My Comment on an article "Can NPS help you retire rich?" published in the Economic Times of India Dated 29/04/2014 at 5:15 pm. 


"A good informative article about the National Pension Scheme which is otherwise not so much popular among public. 

But this kind of schemes do not benefit much to the people to meet all their requirements during old age. 

There should be some other solid investments earning lucrative interest income to supplement the pension that they receive."
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