PensionBox BlogsTips to plan your budget early.

Tips to plan your budget early.

05 Sep 2026 • 2 min read

Written By

Vaishnavi Verma

PensionBox

What is budget planning?

Budget planning is the process for wiser handling of your expenses and a tool to generate revenue out of your savings over some time. Proper planning and calculations concerning your incoming and outgoing funds can be managed in no time to achieve your financial goals.

No single budget works best for everyone. It works uniquely for every other person.

Why is budgeting so important?

Budget planning helps you see a bigger picture of compounding. Let's understand the concept of compounding using a simple example of Ramesh. Ramesh, at the age of 21, started to save INR 7,000 annually at an interest rate of 8% and plans to retire at the age of 55 has planned himself a retirement corpus of INR 3 crore. Compounding lets you be flexible with the savings amount each year and allows your corpus to grow over time. In short, the earlier you start saving, the better your corpus gets.

Why is Budgeting important except for compounding?

Apart from compounding, budget planning has other benefits as well like, early freedom from credit bills, stress-free backup for additional expenses, and assistance throughout your adulting.

How to plan your budget

There’s always an easy way to plan your budget using the rule 50-30-20. 50% of your income should be allocated towards your expenses after being taxed, 30% towards your personal goals, and the remaining 20% should rekindle to your savings.

Apart from the all-out rule, there are some easy steps to plan your budget in no time. Start with calculating your income, and track down your fixed expenditures. Organize your short-term and long-term financial goals with proper strategies. Reworking and automating your routine will assist you in preparing yourself for a self-assessment.

How PensionBox helps?

PensionBox ensures you ease your retirement planning, calculate the savings, and track optimum insights to keep you free from any complications. Gift yourself a completely digital, personalized, and flexible retirement plan today! Sign Up and download the app on Android and on IOS.

You find the blog helpful, spread it among your peers

If you find anything to share regarding this specific blog, write us here

support@pensionbox.in

Published By

Understanding Liquidity Ratios and Their Significance

Liquidity ratio is a financial metric that measures a company's ability to meet its short-term obligations using its liquid assets. In simpler terms, It's a ratio that tells a company’s ability to pay off its debt as and when they become due. It helps investors and analysts assess a company's short-term financial health and its ability to pay off its debts as they come due.

05 Sep 2026

Which tax saving investment option should you choose

A penny saved is a penny earned. One strategy for reducing your tax burden and boosting your revenue is tax planning. The income tax act allows for deductions for a variety of investments, savings, and expenses made by the taxpayer during a specific fiscal year. We will go over a few ways that you can reduce your tax liability.

05 Sep 2026

How do the Payments on Auto-Pilot work?

Automated payments have only recently begun their enterprising voyage, much like a devoted traveller seeking their ideal destination, soon it’ll be a frictionless process. The engineering adhesive streamlining the dedicated flow of events is the Internet of Things.

05 Sep 2026

What Is the Future Value of Money

The value of a current asset at a future date based on an assumed rate of growth is known as future value (FV). Investors and financial planners care about future value because it helps them estimate how much an investment made today will be worth in the future.

05 Sep 2026

Frequently asked questions

What is PensionBox and how does it work?

PensionBox is India’s first pension platform/app that helps you access, invest in, and track your NPS and other pension products with better user experience & minimum charges.

PensionBox simplifies the National Pension System(NPS), the government's pension scheme for private employees both for retail users and HRs/companies.

If you don’t have an NPS account, you can simply open your pension account within 2 minutes and if you have NPS PRAN already, you will be able track, invest and manage everything free of charge with best user experience.

Is PensionBox compliant and regulated?

Absolutely. PensionBox is fully ISO 27001 compliant with the Pension Fund Regulatory and Development Authority (PFRDA), the government body that regulates pensions in India.

We never touch or hold your money directly, your investments go safely to your chosen pension fund through approved channels.

We are built with Zerodha as POP , ensuring transparency, data security, and peace of mind. Your retirement savings are protected by regulation and secured by technology.

Why should I invest in NPS through PensionBox instead of directly or via another app?

Banks/POPs charges high fees on account opening & every investment Even CRA apps have hidden charges/low transparency & lack timely support Pension Funds restrict pension fund choice & selection to themselves.

That’s why, PensionBox brings transparency, zero charges, timely support and freedom to select any pension fund so that you get the best experience investing in NPS & be better future ready.

That’s not it, we help you & your company together to maximise contribution and tax savings with minimal charges & best user experience.

How do I start using PensionBox, and what do I need to get started?

It’s super easy to use PensionBox, just start by signing up using your browser on laptop/mobile or downloading the app on appstore or playstore.

If you are an existing zerodha user then you get a fast login or sign up using kite ID.

Once you are onboarded with kite ID, you get free access to

Open NPS in 2 minutes
Track existing NPS
POP shift or CRA shifting
Invest in one time or create SIP in NPS
Withdraw NPS requests & instant withdraw tier 2
Create your dream retirement plan
Open NPS Vatsalya for your kid
Share with HR (To unlock more tax benefits)

What are the tax benefits on PensionBox?

Tax Benefits in New Tax Regime

Employer Contribution:
- Contributions made by your employer to your NPS account are tax-free up to 14% of your basic salary under Section 80CCD(2). Do connect us with your HR to enable this for you.
Tax Benefits in Old Tax Regime
Self-Contribution:
- Deduction up to ₹1.5 lakh under Section 80C.
- Additional deduction of ₹50,000 under Section 80CCD(1B) — exclusive to NPS investments!
- This allows you to claim a total deduction of up to ₹2 lakh every year on your NPS contributions.
Employer Contribution:
- Contributions made by your employer to your NPS account are tax-free up to 10% of your basic salary (Basic + DA) under Section 80CCD(2). Do connect us with your HR to enable this for you.
- This is over and above your personal deduction limits, giving you extra tax efficiency.

Have more questions? Book a free call with us

We understand NPS can be confusing, complex and there is a lot of information out there to believe in. Don’t worry, our team is here to help you with the right information.

Feel free to book a free call to learn more about NPS, NPS Vatsalya, Corporate NPS & PensionBox or contact the support team.