Retirement Planning

Form 15H is a self-declaration that resident individuals aged 60 years and above can submit if their total taxable income for the year is below the basic exemption limit.

Updated : Feb 2, 2026

Budget 2026 explainer: How the new Form 15H rule simplifies tax filing for senior citizens

FM Nirmala Sitharaman has announced that senior citizens will now be allowed to submit Form 15H just once through their depository — either NSDL or CDSL — instead of filing it separately with each issuer.

Updated : Feb 1, 2026

Budget 2026–27 sets the stage for deeper credit, smarter cities, real estate growth

Union Budget 2026–27 lays out a calibrated roadmap to deepen formal credit, ease liquidity stress and accelerate infrastructure-led urban growth. With targeted capital support and policy clarity, it seeks to unlock the next phase of MSME expansion and real estate development beyond metros.

Budget 2025 further widened the appeal of the new tax regime by making income up to Rs 12 lakh tax-free from FY 2025–26.

Updated : Jan 31, 2026

Senior citizen taxation: What changed for elders on SCSS investments after Budget 2025

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced a revamped new tax regime for FY 2025-26 (AY 2026-27), effective April 1, 2025. Key changes include making income up to Rs 12 lakh completely tax-free via rebates. Taxation also changed for senior citizens who are investing in Senior Citizens Savings Scheme (SCSS).

Retirement-related anxiety remains elevated. Rising elderly care costs, doubts over financial independence in old age and inadequate retirement planning remain top concerns for senior citizens.

Updated : Jan 28, 2026

Income-related anxiety high as inflation erodes savings, salary lag costs, finds अ-Nishchit index

Personal finance remains a key source of uncertainty, driven more by preparedness gaps than income levels. Economic and financial instability scores 80, led by fears of inflation eroding savings (81) and incomes failing to keep pace with rising living costs (80).

SBI Research called for aligning EPFO more closely with the National Pension System (NPS) framework.

Updated : Jan 26, 2026

Budget 2026-27: SBI Research flags pension revamp, wider UPS and NPS push with tax incentive

SBI Research underscored the need for uniform tax treatment across retirement and insurance products, including annuities and unit-linked insurance plans (ULIPs)

Fortune Guarantee Supreme is an individual, non-linked, non-participating life insurance savings plan. It provides guaranteed benefits throughout the policy term along with life cover

Updated : Jan 24, 2026

Retirement options: Here’s how Tata AIA Life’s long-term savings plan eases income planning

The most notable addition to the plan is the Premium Offset feature, which reduces the direct premium-paying burden over time. Under this structure, customers pay premiums for only the first six years of a 12-year premium-paying term.

As per the report, only 33% of Empty Nesters and 38% of the Sandwich Generation believe their retirement savings will last beyond 10 years.

Updated : Jan 23, 2026

Sandwich generation vs empty nesters: 71% fear loneliness, only a third trust their savings to last, says report

India’s changing family structures and rising life expectancy are exposing sharp gaps in retirement readiness among the Sandwich Generation and Empty Nesters. New data from Axis Max Life’s India Retirement Index Study shows that fewer than four in ten in either group expect their retirement savings to last beyond a decade, highlighting deep financial and emotional vulnerabilities.

Under the Atal Pension Yojana, subscribers are assured a minimum monthly pension of ₹1,000 on reaching the age of 60.

Updated : Jan 22, 2026

Budget 2026: Union Cabinet approves extension of Atal Pension Yojana till FY31

Atal Pension Yojana scheme: As part of the approval, the government will continue funding promotional and developmental initiatives aimed at increasing awareness and participation in APY, particularly among workers in the unorganised sector

PFRDA has also issued a fresh circular outlining how subscriber information will be shared under the Multiple Scheme Framework (MSF) for non-government NPS subscribers

Updated : Jan 13, 2026

Pension 2026: NPS assured payouts on cards as PFRDA sets up high-level advisory panel

According to the PFRDA, the committee will function as a standing advisory body on structured pension payouts. Its central task is to design a regulatory framework for assured payout products under the NPS, including options outlined in PFRDA’s consultation paper released on September 30, 2025.

Chief Minister M K Stalin said the new scheme restores the core benefits of the Old Pension Scheme (OPS) while retaining employee contributions similar to the National Pension System (NPS).

Updated : Jan 12, 2026

Guaranteed pension, mandatory contribution: Decoding Tamil Nadu’s Assured Pension Scheme

TAPS will be mandatory for all eligible employees joining service from January 1, 2026. Employees governed by CPS who retire on or after that date will also be covered, subject to the rules to be notified.

With Budget 2026 nearing, senior citizens expect changes to the old tax regime, where the basic exemption limit is Rs 3 lakh a year.

Updated : Jan 7, 2026

Union Budget 2026: After Budget 2025 tax relief, what can senior citizens expect from FM Sitharaman this year?

After getting meaningful tax relief in Budget 2025 through higher TDS thresholds and revised slabs, senior citizens are now turning their attention to what Budget 2026 may bring. With living costs rising and savings income under pressure, expectations are building for further exemptions and better returns on retirement savings.

PFRDA has revised the Investment Management Fee (IMF) structure for Pension Funds, effective April 1, 2026.

Updated : Jan 2, 2026

NPS reforms: PFRDA allows banks to set up pension funds, revises fee norms

At the heart of the overhaul is a decision to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS assets.

Government and non-government NPS exits follow separate rules. Govt subscribers are permitted to withdraw their accumulated savings at retirement, superannuation.

Updated : Dec 17, 2025

PFRDA eases NPS exit rules for non-government subscribers, lowers mandatory annuity to 20%

For non-government NPS subscribers, exit rules depend on the accumulated pension wealth (APW) and the type of exit. On normal exit after 15 years, at age 60, or on superannuation, subscribers with APW up to Rs 8 lakh can withdraw the entire amount as a lump sum without buying an annuity.

Before the 2025 amendment, non-government NPS subscribers were required to use 40% of their retirement corpus to purchase an annuity at the time of exit.

Updated : Dec 16, 2025

NPS exit rules changed: Non-govt subscribers can now withdraw up to 80% of retirement corpus

Under the revised framework, non-government NPS members, including those under the All Citizen Model and Corporate NPS, can now withdraw up to 80% of their retirement corpus as a lump sum or through structured withdrawal options at the time of exit.

Pension fund AUM stood at around Rs 16 lakh crore as of November 2025. Even a small allocation to gold and silver could translate into meaningful incremental demand over time.

Updated : Dec 16, 2025

How PFRDA's nod to gold, silver ETFs will alter retirement investment playbook - expert explains

The pension investment landscape in India is set for a major shift after the PFRDA allowed exposure to gold and silver ETFs under the NPS. Alok Jain said the move opens up long-term, stable capital flows into precious metals for the first time. The change is expected to reshape retirement portfolios by encouraging broader diversification.

Retirement planning isn’t about chasing a magic number. It’s about creating peace of mind, where money isn’t a source of stress or worry.

Updated : Dec 11, 2025

Retirement dreams vs reality: How much you really need to save for Rs 50 lakh/year? CA explains investment plan

Retirement dreams often focus on stress-free income and financial independence, but few consider the real cost. CA Nitin Kaushik said that most Indians do not have an exact idea about how much should you have in your golden years for a smooth survival

Stock-market exposure has been restricted to a ceiling of 25%. Within this limit, funds may participate in IPOs, FPOs, OFS offerings or invest through index-based equity products.

Updated : Dec 11, 2025

NPS gets makeover: Gold, silver ETFs, AIFs, new bonds added to investment menu

Under the revised framework, they can park as much as 65% of their corpus in government bonds, which remain the lowest-risk option. Another 45% can be deployed in corporate debt and related fixed-income products.

For completing proof of identity (PoI), NRIs will need to present their Indian passport, while OCIs may provide either their OCI card or a foreign passport.

Updated : Dec 3, 2025

NRIs and OCIs can now complete NPS KYC remotely as India eases onboarding requirements; check details

Under the revised framework, NRIs and OCIs can now undergo digital onboarding or modify their existing KYC details from any location worldwide. Necessary identity and address documents—such as passports, OCI cards, or overseas residential proofs—may be submitted electronically.

The Employees’ Pension Scheme, introduced in 1995, is one of India’s largest social security frameworks for organised sector workers.

Updated : Dec 2, 2025

EPS-95 pension hike: Is the government planning to raise the minimum pension amount?

EPS 1995 operates as a Defined Contribution–Defined Benefit social security scheme. The pension fund is financed through an employer contribution of 8.33% of wages and a central government contribution of 1.16% on wages up to Rs 15,000 per month. Benefits are disbursed from the accumulated corpus, which, as per the actuarial valuation dated March 31, 2019, reflects a deficit.

Calling for a mindset shift, he insists that a realistic retirement corpus in today’s India lies between ₹8-10 crore.

Updated : Nov 30, 2025

‘₹3 cr dream is dead’: Financial advisor breaks down the harsh reality of retirement in India

The expert dismantles the idea that the traditional ₹3 crore corpus can support a dignified retirement, adding that this does not include medical emergencies, travel, or major one-time expenses that typically rise with age.

A crucial pillar of the FIRE journey is knowing the target corpus, commonly estimated by multiplying annual post-retirement expenses by 25.

Updated : Nov 29, 2025

Is FIRE even realistic for Indian professionals in present times, what can I do to make early retirement doable?

India’s FIRE movement is growing fast, but the reality behind early retirement is far more complex. Rising living costs, limited social security and unpredictable medical expenses make the journey harder than most imagine. Experts say FIRE demands not just money— but discipline, structure and emotional readiness.