SBI Research also calls for revamping Employees Provident Fund Organisation (EPFO) in line with NPS through technology adoption, uniform tax treatment across products such as insurance, annuities and unit linked insurance plans (ULIPs).
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The pilot will also test the operational plumbing required for such a hybrid scheme, including digital consent under the new data protection framework, grievance handling between pension funds and TPAs, and coordination for settlement of medical claims
The Delhi High Court rules in favour of a remarried widow getting the family pension, saying it is as per the rules
Only 33 per cent of Empty Nesters and 38 per cent of those in the Sandwich Generation believe their savings will last more than 10 years after retirement.
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The Delhi High Court rules in favour of a remarried widow getting the family pension, saying it is as per the rules
A regular income after retirement is crucial for day-to-day expenses. Therefore, creating a steady source of income is essential. However, retirement planning should also minimise tax outgo. Here’s how
Rajagopalan, 70, retired a few years back after working in India and abroad. Upon retirement in 2020, he settled in Chennai, where he is redefining himself by taking up a homemaker’s role and pursuing his interests
