What will you do if you outlive your money? This can happen if you plan for less number of years and live longer.
How many years have you assumed to live during retirement in your financial planning? Let us know in the comments below.
@ActusDei@Shiprasorout One catch for the ones who chooses part prepayment in such loans. Since the prepayment is never permanent (it can be taken again by the borrower), such prepayment is not considered as principal payment do not get tax benefit under Section 80C.
One can opt for an additional deduction from salary which can go towards #VPF. The contribution is eligible for deduction under Section 80C (up to Rs. 1.5 Lakhs) and any interest earned on such contribution is also tax-free (for employee contributions up to Rs 2.5 Lakhs).
@monikahalan@deepakshenoy if new tax regime is opted by an individual, int. from PPF / EPF shall be taxable? That's a big negative for people with years of investment.
@jetairways@MoCA_GoI jet should consider flying additional plans from Trivandrum. There are passengers stranded at Kochi and the only option they have is to take a flight which is 7 days later!
@jetairways i have booked Kochi to Mumbai for August 18 at 1625 hours 9W 404. Can you confirm the status of this flight and whether we can reschedule it to travel from Trivandrum the same day?