We will get it answered by our panel of experts. These figures may change according to market conditions. Planning to invest in mutual funds to build a retirement corpus? One suggestion from you, kindly give further more information about Gold ETF. You just could not spend money and expect to raise your savings. Also, you may not get a home loan easily because you are retired and paying for a house with cash would lead to a liquidity crunch. My financial goals include the marriage of my two daughters, aged 20 and 15 years.
Never miss a great news story! Get instant notifications from Economic Times Allow Not pakistah. All rights reserved. For reprint rights: Times Syndication Service. Choose your reason below and click on the Report button. This will alert our moderators to take action. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings.
If we assume a life expectancy of 80 years, you will require a corpus of Rs 2.36 crore to get a pension of Rs 40,000.
This template will no longer automatically categorize articles as candidates to move to Wiktionary. For example, in India , rupees becomes 1. In Pakistan, the word lakh is used mostly in local languages rather than in English media. In colloquial Urdu , especially in the city of Karachi , the word peti «suitcase» is also used to denote one lakh rupees. This originated during the General Zia era, when the largest denomination of currency was the rupee note, and one lakh rupees would fill a small suitcase peti as in Bombay Hindi. Hence, even after the Zia era, one peti has continued to mean one lakh rupees.
Wonderful business idea- invest 2 lac and earn 30 thousand every month
Here, it could be risky because you need to handle uncertainty. The second way to invest your 1 lakh rupees could be Monthly Income Scheme. Yes, tax could affect your wwhere if you fall in high tax bracket. Savings account is yet another great way to invest your Rsfor better returns. Useful info. Is this a good strategy or should I opt for the pakistann option? It is because of fixed deposit like returns and tax advantages. As far as taxation is concerned then they are charged according to your slab and capital gains that you make. You should disclose your previous salary to the new employer to enable him to compute tax on your total income and deduct TDS accordingly. Wheere et app.
Comments
Post a Comment