PPF or Public Provident Fund is a popular and safe long term investment option in India. The current interest rate, which is for Q2 (July – September) FY 2020-21 has been fixed at 7.1%. You have to deposit a minimum Rs.500 upto a maximum of Rs.150000 in your PPF account. It’s a tax free investment and a favourite alternative … Read more
You might have read about online PPF calculators available. Do you know what it is and how does it work? PPF calculator refers to the simple calculator that determines interest earned on your investment in PPF account. The basic idea behind PPF calculator is compounding the interest on your investment. Although, you can exercise this method manually … Read more
There are different wealth creation and tax saving options available for retail investor in India like PF, PPF, life insurance plans, ELSS, ULIPs and many more. A sensible investor will always invest in an option that gives him overall benefit of appreciation of value, protection of wealth, savings of tax and strategic flexibility. This blog … Read more
Two popular long term investment alternatives: National Pension Scheme vs Public Provident Fund. Both, seem to be a good fit for risk averse investors who wish to invest money for their retirement. Which one to choose? Let’s analyse few important points to take the correct decision. Public Provident Fund & National Pension Scheme: Importance Post-retirement life … Read more
We all love hearing the word “Tax free”? Right! So, we thought of sharing a list of few Tax free Incomes in India to help you lower your tax burden to some extent. Income tax…This one word gives you a feeling to shed extra money out of your pockets. Hearing this, you hesitate, you get … Read more
When it comes to retirement planning in India, you might have heard a lot about PPF or Public Provident Fund. You might have surely got suggestions by your elders or friends to open a PPF or Public Provident Fund Account. One of the most common ways to invest your monthly savings! So, here we shall be … Read more
Checkout the Best Long term Investments in India and choose the one that suits you : For details you can refer : 7 Best Long term Investments in India ! Also have a look at our popular blog posts : How to invest in SIP in Mutual Funds – 10 Simple Steps to follow ! and … Read more
An important method for efficient Tax Planning is to claim the benefit of the available Income Tax Deductions Under Chapter VI A of The Income Tax Act. Here, we shall be highlighting one of the popular Deductions: Tax Deduction Under Section 80 C. So, are you new to the Tax world? Do you have any idea … Read more
Know exclusive details on two popular investment options PPF and ELSS. Checkout which is better : PPF or ELSS ? What is PPF ? PPF or Public Provident Fund is one of the most tax efficient instruments in India where people can deposit money for a fixed tenure and enjoy the returns over their … Read more
Looking for the best tax saving options in India, you have landed at the correct place. You shall know about various popular tax saving options to help you in your financial journey. In a country like India,one has to shed extra money in the form of taxes may it be in the form of direct … Read more