Smart Finance, Investment & Budgeting with AI
Introduction 1. Public Provident Fund (PPF) 2. National Pension Scheme (NPS) 3. Mutual Funds 4. Fixed Deposits (FD) 5. Equity Linked Savings Scheme (ELSS) 6. National Savings Certificate (NSC) 7. Real Estate 8. Gold 9. Post Office Monthly Income Scheme (POMIS) 10. Corporate Fixed Deposits 11. Unit Linked Insurance Plans…
Introduction When it comes to investing your hard-earned money, there are numerous options available in India. From traditional investment plans to modern alternatives, the choices can be overwhelming. In this article, we will explore some of the most popular investment options and plans in India, providing you with valuable insights…
Penalties for not depositing in PPF, SSY, NPS: Buyers in Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and Nationwide Pension System (NPS) should deposit a minimal quantity of their accounts annually to maintain them lively. In the event that they miss this accretion, their accounts could be frozen, and…
Small Savings Schemes 2024 Small Savings Schemes 2024- The government just spilled the beans on interest rates for small savings schemes from January to March 2024. Let me break it down for you in simple terms. The Inside Scoop on Interest Rates So, the finance ministry shared a circular on…
Public Provident Fund: The Public Provident Fund (PPF) is standard due to its enticing rates of interest and tax advantages, particularly for small savers. You may deposit as little as Rs 500 or as much as Rs 1.5 lakh yearly in a PPF account.PPF offers tax exemption below part 80C…
Varied government-backed financial savings schemes can be found by way of completely different monetary establishments throughout the nation. Every scheme is characterised by particular options reminiscent of tenure, eligibility standards, deposit limits and rates of interest.These schemes, initiated by the federal government, serve various segments of society. Some are designed…
Tax-saving investments FY 2023-24: The deadline for tax-saving investments this fiscal 12 months is arising, ending on March 31, 2024. When selecting an funding, take into account components like lock-in intervals, withdrawal situations, taxes on curiosity, and maturity quantities. For prime-income earners, the taxability of returns is vital. Taxable returns…
