Retirement planning is no longer just an individual’s responsibility. With employees changing jobs more frequently and retirement potentially lasting 20-30 years after regular income stops, companies have an important role to play in helping workers build a sufficient retirement corpus. Speaking at Outlook Money’s Retire Smart: Financial Wellness Leadership Series, Randip Singh Jagpal, Whole Time…

Many investors open a PPF account in India because of it’s attractive returns and tax benefits, but confusion often arises when they move abroad for education, job opportunities or other such reasons. While neither non-resident Indians nor foreign citizens are allowed to open a new PPF account, the rules governing an existing account are different…

Dearness Allowance (DA) is a percentage of the basic salary component for central government employees and pensioners which seeks to address rising cost-of-living. It is reviewed twice a year, new announcements are usually made annually in March and October, with rollouts in July the same year and January in the next year. Over 1 crore…

The Pension Fund Regulatory and Development Authority (PFRDA) is targeting a sharp expansion in the National Pension System (NPS), with non-government subscribers expected to rise to 35-40 crore over the next five years from around 90 lakh currently. PFRDA chairman Sivasubramanian Ramann announced the target at an outreach event in Kolkata on Friday, according to…