PPF and NSC are the popular tax saving investment. These government savings scheme also gives a better interest rate than a bank deposit. Hence, these schemes are lucrative to the Non-resident Indiana (NRI) as well. In developed countries, the interest rate is very low, hence you NRIs want to invest in PPF and NSC to… [Continue Reading]
It has become very easy to invest in National Saving certificate. Because you are not required to search for a post office. Now you can subscribe NSC from your bank itself. The government has permitted banks to sell the NSC, Monthly Income Scheme and National Savings Recurring deposit. These schemes give you better interest rate.… [Continue Reading]
Now Aadhaar is mandatory for small saving schemes such as PPF and NSC. You invest into these schemes through the post offices and banks. Every subscriber of this scheme, old or new has to give Aadhaar number. This rule is applicable to all the 9 savings schemes of the post office. This rule is a step… [Continue Reading]
How to calculate the interest rate of recurring deposit? What would be the maturity value of RD? You need answer of these questions before investing in recurring deposit. Recurring deposit gives the interest similar to a fixed deposit. RD is one of the simplest and oldest bank deposit. Many of you prefer to invest in… [Continue Reading]
Sukanya Samriddhi Yojana For Girl Child Sukanya Samriddhi Account is a saving scheme for the girl child. The Modi government has started this scheme to promote saving among the middle class. This scheme has a purpose, therefore, it carries greater motivation. The government has started this scheme under Beti Bachao, Beti Padhao Banner. Sukanya Samriddhi Account gives an interest… [Continue Reading]
Don’t be complacent, you can minimize your tax outgo. There are many ways of tax deductions. Use them wisely and build your wealth.
I have seen many people struggling to get the fund for these expenses which are scheduled every year. It may school admission period, PPF investment or just tax deductions. Many of us tend to linger on their tax saving instruments till the end of the financial year. This puts them in hardship in these months.… [Continue Reading]
Everyone loves cheap and affordable holiday trip. Vacation rejuvenate you but money does matter. Sometimes money becomes main hurdle in your trip planning. skyrocketing airfare and high hotel rates are biggest deterrent of your holiday planning. I have listed 10 best tips which can decrease your tour budget more than half. 1. Chuck Tour Packages And… [Continue Reading]
Do you like to watch movies in the theater? But high ticket prices and associated expense restricts you. Don’t worry, because there are ways to go for movies in small budget also. Here are some selected tips to save money at movies. 1- Go For Early Shows, Save More Than 50% We all like… [Continue Reading]
Open zero balance saving account in SBI and enjoy all the benefits. Avoid hefty charges on non-maintenance of minimum balance in ICICI, HDFC, Axis Bank.