What are the different types of NPS accounts?

The National Pension Scheme provides a way for people to raise a corpus for their retirement. Under the scheme, regular contributions to the scheme have to be made and the contributions have to be invested in different funds. The balance in the funds grows and on retirement, these funds have to be used to purchase an annuity plan that will provide regular pensions. The NPS is managed by the Pension Fund Regulatory Development Authority or PFRDA. Any citizen between the age of 18 to 60 can open an NPS account. The account can be opened both online and offline.

Within the NPS scheme, there are two types of accounts that a person can open. There are a few differences between these accounts and once you know them, you can decide whether to open only one account or both.

There are two types of NPS accounts:

Tier I account:
This account is the basic account that every subscriber to NPS has to open. Contributions made to this account get a tax benefit under Section 80CCD of the Income Tax Act up to Rs. 50,000. The minimum contribution required to open this account is Rs. 500.

The funds deposited in this account have premature withdrawal regulations. Premature withdrawal can only be done in certain restricted conditions. There is a 60% tax benefit on maturity for the balance in the Tier I account. The balance has to be used to purchase an annuity plan. To keep this account operative, an annual maintenance charge is charged which has to be paid yearly.

Tier II account:
A Tier II account does not have any regulations. Only a member of the National Pension Scheme can open a Tier II account. The minimum contributions for this account are Rs. 1,000 at the time of account opening and thereon a Rs. 250 contribution to keep the account active. The amount in this account can be withdrawn at any point of time. If the amount is withdrawn on retirement when the subscriber reaches 60 years of age, then the Tier II balance does not have to be used to buy an annuity plan. Consequently, there is no tax benefit on the amount contributed in the Tier II account either. However, if the balance is kept till maturity, then withdrawal tax benefits apply. The amount in this account can be deposited in the Tier I account at any time. A Tier II NPS account only incurs an activation charge.

The National Pension Scheme is an important instrument for creating wealth for the investors. It is a long term instrument with limited liquidity with the sole purpose of raising funds for retirement. The tax benefits on investment and capital gains make it a good investment pick.

Why does my Microsoft word keep not responding

Although when you update your Windows 10 PC it shows everything up to date whether using windows word or any other software instantly. However if you get back access to your Windows word and there is an error message and it is saying that Microsoft Word is not responding, you need to try something different that might fix the problem in no time.

Is Microsoft word not responding?

There is a thing necessary to discuss that when you save your document and again it is not working fine when you open it, you should understand that your Microsoft word is not working fine and to fix this issue you have to go to the settings option where you can find out the valid ways to recover the document and resolve the problem of your Microsoft word instantly. You can check out the excel file, document, another important doc file to manage all the settings. But if you did not able to any single file of Microsoft which means you experienced a serious problem with your Microsoft word.

Get instant solution:

There are important tips to resolve this and for that, you need to go to the support page where you can check out the troubleshooting task with ease. You have to select the help & support page and click on why does my Microsoft word keep saying not responding option and enter the version of Microsoft word and follow the on-screen instruction as listed down.

First of all you need to run Antivirus software to scan your computer device and then check out the MS word file.
If you find some corrupted MS word files you can scan your Antivirus software to check out the hardware and software problems.
Go to the MS word application and open a file if not again responding then go to the start button.
Go to the control panel and select the MS word and select the update button.
Start the updating procedure and click the download button and press the install button at the end of the procedure.
After that, if it is still showing the same error you need to check settings again of your Microsoft word.
This time you can try to access in the safe mode and check-out add-in file and COM from your PC for the smooth working file.
Necessary things to do:

It is hope now you are using your Microsoft word instantly to open the file. Nevertheless if still there is an and it keeps saying that Microsoft word is not responding, you need to try something different procedure and this is UN-installation procedure that helps to install the new latest software and it helps to run Microsoft file once again but the condition which is necessary to follow that is a back up the word files and check out the complete procedure via online. To fix this error you can also use the hand of tech support team that fixes multiple problems related to the Microsoft and other in no time.

Essential Features for a Robust Enterprise Search Solution

As the volume of data continues to skyrocket, managing and harnessing the potential of the vast amounts of organizational data, most of which is unstructured, is becoming increasingly challenging. Traditional keyword-based search methods are inadequate for tapping into or “reading” unstructured data. However, this type of data holds a wealth of key information that, if successfully extracted, can significantly contribute to decision-making processes and business growth strategies.

Thanks to advancements in technology such as semantic search, artificial intelligence (AI), machine learning, and natural language processing, modern enterprise search software like Algolia, 3RDi Search, AddSearch, Coveo and many others now offer a range of search and associated capabilities to help enterprises make sense of large volumes of unstructured data. However, when an organization is considering investing in an enterprise search tool, it’s crucial to understand the key features that make such a tool effective. This understanding will enable the organization to choose the right tool. Here are five features that organizations should look for in an enterprise search solution.

AI-Driven
AI is currently one of the most prominent buzzwords across various sectors, and enterprise search is no exception. Given the vast amounts of unstructured data that organizations have, AI provides a solution to the significant challenge of extracting meaningful insights from this data. Hence, AI is quickly becoming a key feature of the ideal enterprise search solution. The popularity of AI stems from its ability to analyze large volumes of data in a short time.

Ability to Analyze Unstructured Data
This feature is somewhat self-explanatory, as most organizations today are seeking an enterprise search tool capable of analyzing unstructured data. After all, structured data can be effectively managed with traditional keyword-based search, so why would one need enterprise search? Moreover, statistics show that unstructured data constitutes a significant portion of organizational data and is continually growing. Therefore, an effective enterprise search platform should be able to work with unstructured data efficiently.

Natural Language Understanding
Natural language is the language that humans use, as opposed to the programming language used by machines. Machine learning and natural language processing aim to enable machines to understand human language, forming the basis of “smart search”. If an enterprise search tool lacks the ability to understand natural language, it will fail to understand the context behind queries and, consequently, fail to deliver the desired results.

Affordable Pricing
While organizations are increasingly recognizing the need for an effective enterprise search solution, cost remains a significant consideration. Every organization has a budget, and they look for tools and software that can fit within this budget. The tool itself is just part of the total investment, which also includes hiring specialized resources and training existing team members. Therefore, when looking for an enterprise search tool, it’s advisable to choose one that offers all the necessary functionalities and fits within your budget.

Advanced Data Security
Data security is paramount for a tool that handles data, particularly sensitive and confidential organizational data. A robust enterprise search software should have multiple levels of data security to address potential threats and security risks. Additionally, the tool should have measures in place to prevent unauthorized access to data.

Conclusion
These are the key features of an effective enterprise search solution. Keep these points in mind when choosing the right tool for your organization’s needs, and you should be able to find a tool that best suits you. Do you have any additional points to share with us or any experiences with selecting a similar tool? Feel free to share your thoughts by leaving a comment below.