To Protect Yourself From Mis-selling, Plan Your Tax Planning At The Start Of The Financial Year

Finally new financial year 2022-23 has arrived! Some of you have taken last-minute tax planning decisions at the end of the financial year 2021-22! In this highly competitive world there are salesman who are committed to their yearly targets and have suggested wrong products which are not suitable to you! In the hurry of theContinue reading “To Protect Yourself From Mis-selling, Plan Your Tax Planning At The Start Of The Financial Year”

Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter

We all know that central government revises small savings interest rates every Quarter(3 Months). But even RBI insists that small savings schemes interest rates are far higher than bank fixed deposits, central government keeps small savings interest rates unchanged for the 9th consecutive Quarter though there are rumours that central government will revises small savingsContinue reading “Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter”

Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter

Are you a saver? Do you want extra returns on your savings(when compared to banks)?Here’s a good news for you! Those who prefer guaranteed returns with government sovereign guarantee, Postal savings are a good option. When compared to banks their interest rates are slightly higher. Due to covid fears central government kept small saving schemesContinue reading “Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter”

Let Power Of Compounding Works in Favour Of You

The one thing that most of the investors neglects is “Giving time to their investments”. If you start investing early and hold-on the investments for long term, you will be benefitted with “Power of Compounding” What is Power of Compounding?– Compounding means adding interest to the principle and re-invests the accumlated corpus till the endContinue reading “Let Power Of Compounding Works in Favour Of You”

PPF a/c Pre-Mature Closure Terms and Conditions

We all are aware that PPF(Public Provident Fund)is a long-term savings tool. It is a government backed social security scheme so there is no risk associated with the capital and the interest accrued! As we all know that PPF is locked for 15 full financial years. But we can withdraw/ take loan from the existingContinue reading “PPF a/c Pre-Mature Closure Terms and Conditions”

Follow These Simple Steps To Earn Huge Corpus From PPF

We all know that PPF(Public Provident Fund)is a long term savings tool. Central Government revises its interest rates every quarter(3 Months)currently, the interest rate applicable for July-September quarter is 7.1%. It may increase or decrease in the future! If you have a strong ambition to do retirement planning through PPF, follow these simple steps toContinue reading “Follow These Simple Steps To Earn Huge Corpus From PPF”

Know The Terms and Conditions on PPF Withdrawal Before Maturity!

We all know that Public Provident Fund(PPF)is a long-term investment tool. The amount invested in PPF comes under “EEE” (Exemption on investment amount under section 80(c)-Exemption on interest accrued-Exemption on maturity amount). Generally savers ignore PPF as they can’t hold the investments for such a long period of 15 years. But they don’t know thatContinue reading “Know The Terms and Conditions on PPF Withdrawal Before Maturity!”

How to earn huge corpus from PPF Investments

We all know PPF(Public Provident Fund) is a long term savings product. It’s duration is 15 full financial years where one can avail tax exemption up to 1.5 Lakh under section 80(C). It falls under EEE(Exemption on investment-Exemption on interest-exemption on maturity value)category. That means, no tax would be levied on the investment, interest andContinue reading “How to earn huge corpus from PPF Investments”