PPF comes with tax advantages and guarantees a stable interest rate. These accounts have an initial maturity period of 15 years and can be further extended in 5-year increments. Senior Citizen Savings Scheme: The Senior Citizen Savings Scheme is designed for senior citizens and offers a higher ...
Public Provident Funds – PPFs come with a fair rate of return and a governmental guarantee. You can beat inflation and accumulate significant wealth with PPF, all fully tax-free. PPF also permits sufficient liquidity. This investment helps you develop a safety fund for your family. You may ...
When it comes to investing, there are a wide variety of options available. One such option is preferred equity investment, which offers a unique opportunity for investors to participate in a company’s growth and success. Preferred equity is a type of ownership interest in a company that ranks...
The installer’s expertise plays a significant role in the success of your window tinting investment. An experienced and skilled installer will apply the tint smoothly without bubbles, creases, or imperfections. Choosing experts with good track record and positive customer reviews is advisable. A poor...
D.A. The contribution will earn the same rate as normal EPF contribution. But the employer is not bound to contribute at the enhanced rate. Employer’s will contribute an amount matching only the 12%.Our articleVoluntary Provident Fund, Difference between EPF and PPFcovers Voluntary Provident ...
asks for tax deduction documents (like LIC, school fee of children or PPF, medical insurance, House rent receipts etc) then total tax is calculated by company and if any tax is due it is deducted monthwise from your salary and paid to tax department of India every month on a specific ...
Re: “Did you see that the Pension Protection Fund has accidentally become a source of significant State financial muscle? Distressed defined benefit pension schemes are rescued by the PPF and now it successfully manages a large wedge of pension wealth and generates a healthy surplus.” This was...
ELSS scheme is an excellent option to grow your money and save tax simultaneously. There are other tax saving options as well likePPF Vs ELSSorNPS vs ELSS, etc. But with regards to ELSS schemes, you may question as towhich is better for ELSS lumpsum vs SIP. But for most investors, SI...
What is the difference between a foreign branch and a subsidiary bank? Which is a better investment, bank FD or PPF? Which is better, SBI Clerk or Andhra Bank PO? How can I know my account balance (SBI bank) without going to ATM? 7004 972038 What is the difference between a PO and...
Finally, to lose the cash option is definitely to lose some privacy. Perhaps that will be the edge case that finally leads to a Bitcoin usage explosion? Not for buying illicit drugs on an Internet backwater, but for paying for more humdrum items that you’d still rather a spouse or the...