Day: January 4, 2024

The National Pension System (NPS) is gradually gaining popularity due to its cost-effectiveness and various tax benefits. However, the array of account choices within the NPS often leads to confusion for investors. When opting to invest in the National Pension System, it is necessary to initiate the process by opening a Tier I account before… Continue reading Tier 1 vs. Tier 2 NPS

Holding cash and using bank savings accounts are deemed to be fundamental and safe approaches to any financial plan. However, it does not capitalize on the potential for earning higher returns over time that may be associated with more speculative and riskier investments. Therefore, it is imperative to complement your ‘savings’ with other ‘investment’ avenues… Continue reading Mutual Funds