Barakah Finserve

PFRDA plans alternative to compulsory annuity in NPS

There are two proposals in the works that the PFRDA will put forth to the finance ministry after the feedback it received from subscribers.One of the options that PFRDA is working on is introducing a Systematic Withdrawal Plan (SWP) for NPS subscribers on maturity as an additional option.

Barakah Finserve

Why Indians need to invest in the world

In the last 9 months, the Indian equity market has been underperforming global assets. Therein lies an opportunity.Investors can diversify out of Indian equities into debt and global assets via RBI’s Liberalised Remittance Scheme or even with exchange-traded funds in India, against rupee payment