India’s various pension schemes account for only about 17% of the country’s GDP, while some developed countries have more ...
Pension plans can provide a stable source of retirement income. However, the availability of pension plans has decreased over time, and they are less likely to be a significant source of income ...
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A superannuation fund is a pension scheme established by an employer for the benefit of its employees, and is regulated under ...
The government is working on a Universal Pension Scheme that will allow people to contribute voluntarily and receive pension ...
One may lose an income source because of a layoff or other reasons. In such a way, the flow of investment may also discontinue. However, one may create a sizeable retirement corpus if they invest Rs ...
Sources of retirement income include Social Security, retirement accounts, pensions and employment wages. Retirees can expect to spend 80% of their pre-retirement income in retirement, according ...
After accounting for essential and discretionary expenses, the couple is saving about 15% of their income for their retirement in India and their son’s future. This may seem like a low savings ...
The new tax structure under the new tax regime announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under the income slab of Rs 4 lakh and above.
Bajaj Allianz Life Insurance, one of India’s leading private life insurers, today announced the launch of Bajaj Allianz Life Guaranteed Pension Goal II, a non-linked, non-participating immediate and d ...
No final decision has been made regarding the retirement age. Any such decision will be taken only after consultations with stakeholders and financial experts," said sources from the chief ...