4min chapter

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Imagining MERA: My Empowered Retirement Account

Capitalmind Podcast

CHAPTER

Why Is It Good for the Government?

If you invest 100 rupees today and it grows to 200, the government will then take 20, 22% of it. The individual is way better off by order of 10, 15%, says Ravi Agrawal. He suggests that instead of this 1.5 lakh rupee limit, it should be a 15 lakh rupee per year limit for investments into retirement accounts.

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