Wishfin Blog

At first glance, the proposed revised tax regime for Budget 2023  may appear more favorable than the current one due to the proposed reduction in taxes and the inclusion of a standard deduction. However, comparing the old and revised new tax...

The Government of India offers multiple tax-saving options to every citizen of India, intending to encourage savings and investments. One such tax-saving option is the 80CCD(1B) section of the 1961 Income Tax Act, which came into existence in...

The National Pension System is one of the multiple retirement perks the Indian Government launched to facilitate sufficient financial assistance after retirement. If you are a working individual, you can lead a comfortable life post-retirement in...

Retirement is dear to everyone. Making a retirement portfolio after a specific age is beneficial to make your future financially safe. To aid salaried employees in financially securing their future, the Indian Government offers two schemes, i.e.,...

The National Pension Scheme Tier 1 account is the culmination of your retirement planning via the National Pension Scheme route. If you are a salaried employee in the government sector, you have no choice but to open a National Pension Scheme Tier...

The National Pension Scheme is a government-launched scheme providing a steady income post-retirement. When the scheme was launched earlier, it was available for people working in the public sector, but since May 2009, each citizen of India can...

A popular scheme that the Indian Government launched for its citizens is the National Pension Scheme so that the citizens can have a safe and stable income source even after retirement. The National Pension Scheme provides privileges to every...

The Indian Government launched the National Scheme on January 1, 2004, for the citizens of India but with a few exceptions. Since May 1, 2009, the Indian Government has made the National Pension available to every Indian citizen and removed the...

Under the 1961 Income Tax Act, the National Pension Scheme offers profitable tax privileges. The National Pension Scheme is a scheme the Indian Government introduced intending to give Indian citizens a steady income source after retirement. The...

The National Pension Scheme is a way of financial stability for the citizens of India after retirement. After retirement, you can use the invested National Pension Scheme corpus. You will require a National Pension Scheme calculator to estimate the...