India’s tax system helps the government collect funds needed to operate public services, develop infrastructure, ensure defence and law enforcement, fund social welfare projects and much more. Taxes in India can be categorised as direct tax and indirect tax. Since these taxes impact everyone, understanding the basic tax concepts is essential for all of us. Read on to know details about how taxes in India work.

Homemakers are often dependent on their husbands for financial needs. The untimely death of the earning partner suddenly creates a monetary void. To resolve this issue and provide financial support to such women, the government has initiated the Vidhwa Pension Scheme. This scheme aims to give widows a steady source of income.

Let us talk about this scheme in detail, along with its eligibility criteria, application, and its advantages.

Retirement plans should be a key part of your retirement planning strategy as these long-term investments are integral for created a source of regular income post retirement. One of the key concepts in this regard is the vesting of retirement plans. Read to know the meaning of vesting in retirement plans and how a vested retirement plan can help secure you financially during your golden years.

In India, one of the most common ways to achieve post-retirement financial security is to choose an annuity. If you are looking to invest in an annuity, then it is necessary to know the different types of annuity options available in India. Read on to know details about the various types of annuity plans including their key features, benefits, working, and more.

When you are a young professional, you often think about how much should I have saved for retirement by 60 years of age. This is a very common question that arises in the minds of almost all professionals in their early working years. To lead a financially comfortable life in future, you need an adequately large a retirement corpus. Learn more in this blog about the importance of having regular savings, how much to accumulate when reaching 60 years, and more.