Tag: retirement fund

How much SIP you need to get ₹2.5 lakh monthly income

Mutual fund calculator: Systematic Investment Plan or SIP helps mutual fund investors create a big amount in the long term by investing small smalls every...

How much monthly SIP is needed to accumulate ₹10 crore by age 50

Retirement age in India is generally considered 60 and people make retirement-oriented savings keeping this age number in mind. However, one can retire earlier too,...

India social security contributions and widening of the tax regime

The backdrop Till financial year 2019-20, only contribution by the employer to the account of an employee more than the prescribed thresholds was taxable as...

EPFO net new enrolments rises 56% to 11.55 lakh in October

NEW DELHI: Net new enrolments with retirement fund body EPFO rose by 56 per cent to 11.55 lakh in October compared to 7.39 lakh in...

Indians look to delay retirement as covid-19 shrinks savings

The covid-19 pandemic has depleted the savings of many Indians. An annual report, titled Bankbazaar Savings Quotient, shows that the pandemic has resulted in shrinking...

If you’re retired and have low risk appetite, invest 10-15% in equities

My father will retire in December. He will get around ₹60 lakh from his Provident Fund and gratuity. How should we invest this amount? He...