How does a Ponzi scheme make money? A Ponzi scheme is an investment scam where the returns for earlier investors are paid from the money collected from later investors. The investors of such schemes are promised high returns with little...

What is a pension fund manager? Pension fund managers perform a similar role as mutual fund managers, and they collect a small fee for the same. Following are the functions of pension fund managers. Accepting funds from investors to invest...

PAN Card Verification is a mandatory procedure that everyone has to do. Also, it is an online procedure that you can complete on certain government-approved websites. Furthermore, NSDL e-Governance Infrastructure Limited or UTI Infrastructure Technology and Services Limited can perform...

The Public Provident Fund (PPF) and National Pension Scheme (NPS) are both launched to encourage savings and aid investors during retirement. Both offer similar tax benefits, are long term investments. Their similarity ends there. They are very different in terms...

The National Pension Scheme (NPS) is a retirement scheme.  Under this scheme, the subscriber shall make regular investments in the scheme.  The funds are invested in market-linked instruments.  Thus, NPS offers higher returns than other pension schemes.  60% of the...

The National Pension Scheme (NPS) is a retirement benefit plan that combines tax savings and pension payments. The pension amount depends on the asset classes and the fund manager's performance. The National Pension System offers the following two types of...

NPS or National Pension System is a central government retirement scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA). It is an initiative to encourage regular savings among Indian citizens. Also, it offers dual benefits of tax saving...

The National Pension Scheme is a retirement benefits plan that combines tax savings and pension payments. The National Pension System offers the following two types of accounts, Tier 1 and Tier 2. NPS Tier 1 accounts are the most fundamental...