Asked By: Andrew Hill Date: created: Nov 18 2021

Is 50 lakhs enough for retirement

Answered By: Albert Stewart Date: created: Nov 21 2021

Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com replies, “Follow the bucket strategy for generating your post-retirement income.

Invest at least Rs 50 lakh of the corpus in ultra short-term debt funds for 7 years and withdraw monthly through SWPs.

Invest the rest of the corpus in equity funds to ensure growth..

Asked By: Alexander Morris Date: created: Aug 19 2021

Which job has the highest salary per month

Answered By: Curtis Rogers Date: created: Aug 19 2021

Today we will discuss some of the top jobs where you can get the highest salaries….So get ready to start the journey to find out the latest highest paying jobs in India.Company Secretary. … Lawyer. … Civil Services. … Master Chef or Executive Chef. … Web Developer. … Data Scientist. … IPS: … IAS:More items…

Asked By: Seth Allen Date: created: Mar 18 2022

Is 20000 a good salary in India

Answered By: Raymond Peterson Date: created: Mar 18 2022

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.

Asked By: Fred Richardson Date: created: Nov 09 2021

How much interest will I get for 50 lakhs

Answered By: Gavin Ross Date: created: Nov 10 2021

If FD interest rate is 7%, then you get Rs 3.5 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 29,167. If FD interest rate is 7.5%, then you get Rs 3.75 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 31,250.

Asked By: Martin Sanders Date: created: Jan 23 2022

Why is salary so low in India

Answered By: Hayden Harris Date: created: Jan 26 2022

Salaries in India are lower than in developed nations, because the cost of living in India is low. That in turn is because the cost of goods & services in India is much lower than in developed nations. That in turn is because in absolute dollar terms, per capita Indian consumption is much lower than developed nations.

Asked By: Norman Long Date: created: May 06 2022

What is salary of CM in India

Answered By: Lewis Cook Date: created: May 09 2022

Chief ministersStateCM Salary per monthDelhi₹400,000 (US$5,600)Uttar Pradesh₹365,000 (US$5,100)Maharashtra₹340,000 (US$4,800)Andhra Pradesh₹335,000 (US$4,700)26 more rows

Asked By: Alan Henderson Date: created: Jan 09 2022

How much is considered a good salary in India

Answered By: Howard Jackson Date: created: Jan 09 2022

12 – 15 lakh per annum. Anything below that gets difficult for the specimen.

Asked By: Wallace Gonzalez Date: created: Feb 08 2022

How can I become Crorepati in 5 years

Answered By: Sean Thompson Date: created: Feb 10 2022

wise tips while you are planning to save income tax.Invest in PPF. … Invest in ELSS Tax Saving Mutual funds. … Invest in NPS which can give additional Rs 50K income tax benefit. … Add your contribution to Voluntary Provident Fund which gives you tax benefit + PF interest of approx 8.5%.More items…

Asked By: Zachary Parker Date: created: May 06 2022

Is Rs 1 crore enough to retire

Answered By: Oliver Patterson Date: created: May 08 2022

You have a corpus of Rs 1 crore that has to be stretched out over a span of 25 years. I shall assume that you are retiring at the age of 60, with a monthly expense of Rs 25,000. Considering the Rule of 72, and an inflation of 6% per annum, after 12 years, expenses would double to Rs 50,000.

Asked By: Curtis Patterson Date: created: Apr 04 2022

Who is considered rich in India

Answered By: Daniel Sanders Date: created: Apr 07 2022

Despite that, in a developed world economy, you are considered as a member of the richest 1% club with an income ranging between USD 200,000 – 300,000. In India, the richest populous comprises (very) wealthy business owners and their offspring, actors, cricketers, erstwhile royalty and blessed legacy wealth receivers.

Asked By: Cody Cox Date: created: Mar 18 2022

Which is the most powerful job in India

Answered By: Bruce Ramirez Date: created: Mar 19 2022

Top 10 Highest Paying Government Jobs in IndiaIndian Foreign Services. Indian foreign Services officers are selected through Civil Services exams conducted by the UPSC. … IAS and IPS. IAS and IPS are the most sought-after government jobs in our country. … Defense Services. … Scientists/Engineers in ISRO, DRDO. … RBI Grade B. … PSU. … Indian Forest Services. … State Service Commissions.More items…

Asked By: Devin Diaz Date: created: Oct 16 2021

How can I earn 50 lakhs in 15 years

Answered By: Colin Bennett Date: created: Oct 16 2021

My suggestion to you would be to direct the money into a nifty index fund like HDFC Index Fund Nifty 50 Plan and Mirae Asset Large Cap Fund. At an expected return of 12 per cent per annum, your monthly investment of Rs 10,000 would help you to create Rs 50 lakh, not accounting for income tax, in 15 years.

Asked By: Ashton Simmons Date: created: Jul 01 2022

How can I invest 10 lakhs wisely

Answered By: Luke Moore Date: created: Jul 02 2022

SBI Bank FD for a period between five years and 10 years is offering an interest rate of 5.50% p.a. up to deposit of ₹2 crore. Equity multi cap mutual funds on an average have given 7.70% annualised returns in the last five years. Gold funds on an average have given 12.98% annualised returns in the last five years.

Asked By: Samuel Nelson Date: created: Nov 25 2021

Which country pays highest salary

Answered By: Sean Turner Date: created: Nov 25 2021

Top 10 Countries with the Highest Salary for WorkersLuxembourg. Luxembourg is a small country situated in western Europe.United States. The United States accounts for approximately 25% of the global GDP. … Switzerland. Switzerland is famous for its watches, chocolates, and of course, the Alps. … Norway. … Netherlands. … Australia. … Denmark. … Canada. … More items…

Asked By: Jesus Foster Date: created: May 21 2022

What is PM Modi salary

Answered By: Lewis Sanchez Date: created: May 23 2022

Prime Minister of IndiaPrime Minister of India Bhārat ke Pradhānamantri (भारत के प्रधानमंत्री)Formation15 August 1947DeputyVacant, Deputy Prime Minister of IndiaSalary₹280,000 (US$3,900) (per month) (₹3,360,000 Annual)Websitepmindia.gov.in16 more rows

Asked By: Geoffrey Walker Date: created: Jun 17 2022

How much money do you need to live comfortably in India

Answered By: Louis Hill Date: created: Jun 19 2022

The cost of living depends on what you’re doing and where you’re living in India. The basic living expenses, such as food , water and housing, cost you between 15000 and 20000 INR. Depending on the cost, this can result in a higher or lower number.

Asked By: Cyrus Davis Date: created: Aug 05 2021

Is 40 lakhs a good salary in India

Answered By: Roger Wright Date: created: Aug 06 2021

42 lakhs per annum income is very good . 42 lakhs per annum salary is bad . … A large chunk of what your salary is will be tax deductions , performance based bonus , company perks which you may not need etc.

Asked By: Jeremiah Russell Date: created: Dec 07 2021

Is 50k a good salary in India

Answered By: Jaden Griffin Date: created: Dec 08 2021

India is a poor country with very low per capita income. So in general, it is a very good salary. … You can fulfil all your goals in life with a starting salary of Rs. 50,000.

Asked By: Robert Smith Date: created: Aug 16 2021

What is India’s maximum salary

Answered By: Jesus Turner Date: created: Aug 19 2021

The highest-paying jobs in India are basically in Healthcare, Data Industry, BFSI, and Marketing. The average salary range of most of the top jobs in these sectors ranges between Rs. 7 – 15 LPA, with the highest salaries going as high as Rs. 20 – 40 LPA.

Asked By: Wallace Gonzalez Date: created: Jun 02 2022

Which SIP gives highest return

Answered By: Albert Bennett Date: created: Jun 04 2022

Best SIP Plans for the Year 2021Fund NameMonthly Investment5 years ReturnHDFC Balance Advantage Fund500015.5%ICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%6 more rows•Feb 18, 2021

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