National Pension System (NPS)

  

What is NPS?

The National Pension System (NPS) is a voluntary defined contribution retirement savings scheme. The scheme enables its subscribers to make systematic savings through their working life and create a substantial corpus for their retirement. NPS as a financial instrument helps to inculcate the habit for saving towards retirement income amongst Indian citizens.

NPS was initiated by the Government of India by making it mandatory for all individuals joining Central Government services (except Armed Forces) on or after January 01, 2004. Gradually, NPS was implemented by various state governments for their employees and then NPS was extended to ‘All Citizen of India’ in May, 2009.

In NPS, the contributions made by the subscriber, are pooled in a pension fund which are invested by PFRDA regulated Pension Fund Managers as per approved guidelines. A Subscriber may invest his/ her NPS contribution in any one of the eight Pension Fund Managers (PFMs) empanelled under NPS. All empanelled PFMs under NPS are well known, have long standing credibility and are powerful brands in the financial sector. The fund is invested in a diversified portfolio comprising of Government Bonds, Corporate Debentures and shares. The contributions accumulated in the NPS account grow over a period of time, depending upon the returns on the investments done.

Any individual from 18-65 years of age can join NPS and remain invested till 70. If you are looking for long term investment and your objective is to create sufficient corpus for your post retirement days, the suggested investment option is NPS. Following are some of the few points, which make investing in NPS a smart choice, as far as retirement income is concerned:

1. Customized investment option:

NPS allows you to choose from any one of the Pension Fund Managers (PFMs) appointed by the PFRDA (Pension Regulator) to manage your pension fund.

2. Portability:

One of the core attributes of NPS is portability of NPS account number –Permanent Retirement Account Number (PRAN) - across all sectors and geographies. This implies that you can shift your PRAN from one employer to another and can also continue self-contribution during the period when one is not actively engaged with any employer.

3. Low cost structure:

The account maintenance costs under NPS are the lowest as compared to similar pension products available in India including the retirement plans offered by Insurance companies and mutual funds. While saving for a long-term goal such as retirement, the cost matters a lot. Over a period of 35 to 40 years, the charges can shave off a significant amount from the corpus. The pension wealth accumulation grows over a period of time with a compounding effect. The overall administrative charges being low, the benefit of accumulated pension wealth to the subscriber eventually become large.

4. Unique Tax Benefit:

Any individual who is subscriber of NPS can claim tax deduction up to 10% of gross income under Sec 80 CCD (1) with in the overall ceiling of Rs. 1.5 lac under Sec 80 CCE. Apart from that an additional deduction for the investment up to Rs. 50,000 in NPS (Tier I account) has been exclusively available for NPS under subsection 80CCD (1B). This is over and above the deduction of Rs. 1.5 lakh available under sec 80C of Income Tax Act. 1961.

The aforesaid points distinctly made NPS an exceptional avenue of saving for retirement. NPS provides a unique user experience during this long period - whether it is related to subscriber servicing at various stages of life, demographic details updation, ease of access or any kind of service requests being made in the System. Through the Protean

website one can easily open an NPS account as well as track their investments in this scheme. The company provides a range of services to NPS subscribers such as account management and opening, fund processing, customer service and providing easy pay-out solutions.

Hard truths of life

  

What are hard truths of life

1. Nobody can love you exactly like your mother.

2. A poor person has no friends.

3. People do not like good thoughts. They like good looks.

4. People respect the money; not the person.

5. The person you love the most, will hurt you the most.

6. Truth is simple, but the moment you try to explain it, it becomes difficult.

7. When you are happy, you enjoy the music, but when you are sad, you enjoy the lyrics.

8. Two things define you in life—Your patience when you have nothing, and your attitude when you have everything.

9. People will not remember you for all the good things you’ve done, but they surely won’t forget the few bad things you’ve done.

1. People often ask you what you do for a living so that they can estimate the level of respect to give you.

2. People enjoy to watch you suffer because they enjoy seeing your miseries so that they can feel better about themselves.

3. You can love people, but don’t expect them to love you back. Love can’t be forced.

4. Although you cannot change the world, the world can listen to your crazy jokes.

5. You only get stronger by doing hard things.

Sri Damodar Bhagwan in Mormugao, Goa

 The history of Sri Damodar Bhagwan in Mormugao, Goa, blends centuries-old migration with a miraculous 19th-century intervention.

The Origins: Shifting from Margao to Zambaulim

While "Damodar" is traditionally a name for Lord Krishna, in Goa, Lord Damodar is uniquely worshipped as an avatar of Lord Shiva in the form of a Shiva Lingam. 

The original seat of the deity was located in Margao (where the Holy Spirit Church stands today). In 1567, amidst temple destruction during the Portuguese rule, devotees secretly smuggled the sacred deity out of Margao. They relocated the main shrine to the safety of Zambaulim (Quepem taluka), where it remains nestled on the banks of the Kushavati River.

The 1896 Plague and Migration to Mormugao

The presence of Lord Damodar in the port town of Mormugao began much later due to a health crisis:

The Epidemic: 

In 1896, a deadly plague broke out in the crowded port town of Mormugao, claiming numerous lives daily.The Divine Intervention: Desperate for a cure, a prominent local devotee traveled to the primary temple in Zambaulim. He brought back a sacred, blessed coconut as a divine symbol of Lord Damodar's protection.

The Miracle: 

Devotees installed the coconut in Mormugao and initiated non-stop prayers. Shortly after, the plague miraculously subsided, completely ridding the town of the disease.

The Establishment of the Mormugao Mandir

Following the town's salvation, a leading local citizen from the Joshi family permanently donated a section of his ancestral home on Swatantra Path to house the deity. The sacred coconut was installed there, establishing the revered Shree Damodar andir of Mormugao Port City of Goa.

The Legacy: Saptah

To commemorate this historic healing, the town observes the world-famous Saptah festival annually during the holy Hindu month of Shravan (usually July/August). This week-long festival features a non-stop 24-hour chanting of bhajans, a procession to immerse the previous year's sacred coconut into the Arabian Sea, and the installation of a fresh anointed coconut to guard Mormugao for the upcoming year.

SUCCESS DEMANDS THESE 7 THINGS

  

SUCCESS DEMANDS THESE 7 THINGS

1. Hard Work

Don't believe in luck, believe in hard work. Stop trying to rush the process or searching for a shortcut. There is none.

2. Patience

If you are losing patience, you are losing the battle. First nothing happens, then it happens slowly and suddenly all at once. Most people gave up at stage one.

3. Sacrifice

you don't sacrifice for what you want, then what you want becomes the sacrifice. Everything has its price. The question is: Are you ready to pay it for the life you desire?

4. Consistency

Consistency is what transforms average into excellence. Without consistency, you will never achieve greater success.

5. Discipline

Motivation gets you going, but discipline keeps you growing. There will be days when you don't "feel" like doing it. You have to push through those days regardless of how you feel.

6. Self Confidence

Confidence is, I'll be fine if they don't like me. There will always be someone judging you for who you are and what you want from life.

7. Winning Attitude 

 

पुरुषों के लिए कुछ महत्वपूर्ण अनकहे (अलिखित) नियम

  

पुरुषों के लिए कुछ महत्वपूर्ण अनकहे (अलिखित) नियम

पुरुषों के लिए कुछ महत्वपूर्ण अनकहे (अलिखित) नियम होते हैं जो उनके व्यक्तित्व और सम्मान को दर्शाते हैं। इनमें वचन निभाना, गुस्सा काबू में रखना, आँखों में देखकर बात करना और हमेशा मददगार रहना शामिल है।

मुख्य अनकहे नियम

• वचन का पालन - जो वादा करें, उसे पूरा करें।

• आँखों में देखना - बात करते समय सामने वाले की आँखों में देखें।

• गुस्सा नियंत्रण - कठिन समय में भी अपना गुस्सा शांत रखें।

• नकद पास रखना - अपने पास हमेशा कुछ नकद पैसे रखें।

• सम्मान देना - बड़ों और महिलाओं का हमेशा आदर करें।

• ईमानदारी - हमेशा सच बोलें और धोखा न दें।

🤝 सम्मान और ईमानदारी का नियम

• वादे को कभी न तोड़ें

• यदि आपने कुछ करने को कहा है, तो उसे पूरा करें।

• आपकी जुबान ही आपकी सबसे बड़ी कीमत है।

• दोस्तों की पूर्व-प्रेमिका (Ex) से दूर रहें

• यह दोस्ती में विश्वासघात माना जाता है।

• दोस्त की एक्स-पार्टनर के साथ रिश्ता बनाना पूरी तरह वर्जित है।

• जिम में दूसरों को न घूरें

• पूरा ध्यान सिर्फ अपनी कसरत पर लगाएं।

• किसी को असहज महसूस कराना बिल्कुल गलत है।

• अपनी गलती स्वीकार करें

• अपनी गलती का दोष कभी दूसरों पर न मढ़ें।

• साफ कहें "मुझसे गलती हुई" और उसे सुधारें।

💼 सामाजिक और व्यावहारिक शिष्टाचार

• यूरिनल (Urinal) का नियम

• शौचालय में दो पुरुषों के बीच हमेशा एक यूरिनल खाली छोड़ें।

• नजरें हमेशा सामने दीवार पर रखें।

• यूरिन करते समय कभी बातचीत शुरू न करें।

• हाथ मिलाना और आँखें मिलाना

• हमेशा मजबूती और आत्मविश्वास से हाथ मिलाएं।

• बात करते समय सीधे सामने वाले की आँखों में देखें।

• बैठकर कभी किसी से हाथ न मिलाएं, हमेशा खड़े हों।

• "कॉल बैक" का नियम

• अगर फोन पर बात करते समय कॉल कट जाए, तो जिसने फोन किया था वही दोबारा फोन करेगा।

• इससे दोनों तरफ बिजी टोन आने की समस्या नहीं होती।

• मेजबान (Host) का बिल चुकाएं

• अगर कोई आपको अपने जन्मदिन पर बाहर बुलाता है, तो वह पैसे नहीं देगा।

• पूरा बिल बाकी सभी दोस्तों में आपस में बांट लेना चाहिए।

🛡️ शिष्टता और सुरक्षा

• सड़क पर चलते समय

• फुटपाथ पर चलते समय हमेशा खुद ट्रैफिक वाली साइड चलें।

• महिला या बच्चे को हमेशा सुरक्षित यानी अंदर की साइड रखें।

• "टेक्स्ट मी" का नियम

• रात में आपके दोस्त सुरक्षित घर पहुंचे हैं या नहीं, यह पक्का करें।

• उन्हें घर पहुंचकर मेसेज करने को कहें।

• बच्चों के सामने उनके पिता का अपमान न करें

• अगर कोई शिकायत है, तो उन्हें अकेले में अलग ले जाकर बात करें।

• बच्चों के सामने पिता को नीचा दिखाने से उनका पारिवारिक सम्मान खत्म होता है।

💰 पैसा और सफलता

• उधार ली गई चीज को बेहतर हालत में लौटाएं

• किसी से कार उधार ली है, तो टैंक फुल करवाकर लौटाएं।

• किसी के औजार लिए हैं, तो उन्हें साफ और धारदार करके वापस करें।

• अपने पैसे का घमंड न दिखाएं

• अपनी सफलता को खुद बोलने दें।

• पैसे का दिखावा करना ओछापन है, शांति से कमाया पैसा इज्जत दिलाता है।

• उधार तुरंत चुकाएं

• किसी को अपने पैसे मांगने के लिए मजबूर न करें।

• सामने वाले के याद दिलाने से पहले ही उसका पैसा लौटा दें।

🤝 Code of Honor & Integrity

• Never break a promise

• If you say you will do something, do it.

• Your word is your strongest currency.

• Do not hit on friends' exes

• This is a major breach of trust.

• A friend's former partner is strictly off-limits.

• Do not stare at the gym

• Focus strictly on your own workout.

• Making others feel uncomfortable is unacceptable.

• Own your mistakes

• Never shift the blame to others.

• Say "I messed up" and fix it.

💼 Social & Professional Etiquette

• The Urinal Rule

• Always leave a buffer stall between men.

• Look straight ahead at the wall.

• Never start a conversation while peeing.

• Handshake and Eye Contact

• Offer a firm, confident grip.

• Look the person dead in the eyes.

• Never shake hands while sitting down.

• The "Call Back" rule

• If a phone call gets disconnected, the original caller dials back.

• This avoids both people getting a busy tone.

• Pay for the host

• If someone invites you out for a birthday, they do not pay.

• Split the bill among the guests.

🛡️ Chivalry & Protection

• Walking on the street

• Always walk on the traffic side of the pavement.

• Keep the woman or child on the safer side.

• The "Text Me" rule

• Ensure your friends get home safely at night.

• Ask them to text you when they arrive.

• Never insult a man in front of his kids

• Pull him aside if you have an issue.

• Defacing a father ruins his family authority.

💰 Money & Success

• Return borrowed items cleaner

• Return a borrowed car with a full tank.

• Return tools clean and sharpened.

• Do not flaunt your wealth

• Let your success speak for itself.

• Loud money is cheap; silent money is respected.

• Pay your debts quickly

• Do not make people ask for their money back.

• Pay before they even have to remind you.

Simple Unspoken Rules for Men:

1. Don't make the first offer in a negotiation.

2. Never make the first offer in a negotiation.

3. Dress well no matter the occasion.

4. No one will come to save you. Your life is 100% responsibility.

5. Your inner circle MUST be focused on Money, Success and starting a family.

6. The family you create is more important than the family you come from.

7. Don't take everything too personally.

8. You're a reflection of the 5 people you spend the most time with.

9. Stay silent. Not everything needs to be said.

10. If you are not invited don't go.

11. Protect who's behind you and respect who is beside you.

12. Don't beg for a relationship.

13. Never pose with alcohol.

14. Be honest.

15. If you work on yourself you don't struggle.