#5. Public Provident Fund (PPF) Public Provident Fund(PPF) is a long term and risk-free saving scheme by the government of India. This scheme offers a tax-exempted return on investment with an added interest of around 7.10% per annum. You can double your amount in 10 years by investing...
Recurring Deposit Salary Slip PPF Interest Rate SIP Meaning Yield to Maturity Post Office Scheme Section 143(1) SIP vs Mutual Fund IPO Watch List Nifty Meaning Upcoming IPOs 2023 ETF Vs Mutual Fund Money Market Instruments Mutual Fund Cut Off Time Section 80C Income Tax Rates 2023 Portfolio Mana...
Repo Rate, or repurchase rate, is the keymonetary policy rate of interestat which thecentral bank(the Reserve Bank of India in case of India) lends short term money to banks, essentially to controlcredit availability, inflation, and the economic growth. Repo Rate in India is the primary tool...
Sr NoSaving SchemesInterest Rate offered 1National Saving Certificate (NSC)6.80% 2Senior Citizen Saving Scheme (SCSS)7.40% 3Recurring Deposits (RD)6 -7% 4Post Office Monthly Income Scheme (POMIS)6.60% 5Public Provident Fund (PPF)7.10%
Learn to investwith Axis View All Received your first paycheck? Start saving and investing soon Sep 27, 20225 min. ReadShare Tips to earn maximum interest on PPF Jan 19, 2023 3 min. Read Share Nov 08, 2022 6 min. Read Share Oct 31, 2022 Share...
Public Provident Fund (PPF) scheme is a popular savings-cum-tax-saving instrument backed by Government of India. Investing in a PPF scheme enables you to build a retirement corpus, while saving on taxes. There is a minimum tenure of 15 years, which can be extended indefinitely in blocks of...
If you are in 20% or 30% income tax slabs, it makes sense to consider investing in tax free bonds as part of your Debt Portfolio(besides EPF/VPF/PPF). Provided, your investment tenure matches with bond’s maturity date, you are expected to remain in high tax slab bracket and also aim...
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