Thu, Dec 07, 2023
Generally investors look for safe investments that can give them assured income, guaranteed returns and income tax benefits. PPF is one of popular schemes for such investments. But many investors rush to buy mutual funds through SIPs as they expect to get higher returns from there. Here, we will tell you which option can help you reach faster to your goal of Rs 2 crore corpus.
Sun, Nov 26, 2023
PPF: Under Section 80C of Income Tax in PPF, tax exemption is available on investments up to Rs 1.5 lakh in the Public Provident Fund (PPF), which is also the maximum investment limit in PPF. You can deposit money 12 times in a year. But here is something useful for married investors.
Sat, Nov 25, 2023
Public Provident Fund (PPF) is a popular post office savings scheme because you get a fixed interest on it and the money received on maturity is completely tax free. You can get good returns and huge interest if you invest your money in PPF for a long duration. Know how!
Sat, Jan 27, 2018
When a fixed sum of money is required back within a short span of time, investment in debt is preferable
Tue, Jan 23, 2018
'Disclaimer: This story is for informational purposes only and should not be taken as investment advice.'
Tue, Dec 12, 2017
ELSS have the shortest lock-in period of three years, compared to other instruments with minimum five years for bank FDs, 15 years for PPFs and for the life of the policy for insurance products.
Thu, Dec 07, 2017
The digital service will enable customers to open a public provident fund (PPF) account instantly and in a completely online and paperless manner.
Thu, Oct 19, 2017
We also do Laxmi Pooja to seek the blessings of the goddess of wealth for prosperity all around. But do all these things have any connection with your financial planning?
Tue, May 09, 2017
Should investors invest in PPF after changes on interest rates?. Watch the full segment for more details.
Thu, Apr 13, 2017
Labour Minister Bandaru Dattatreya said on Thursday that EPFO has decided to provide 8.65% interest rate on provident fund (PF) deposits for the financial year 2016-17 (FY17).
Fri, Mar 31, 2017
The government has lowered interest rates on small saving schemes like Public Provident Fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Scheme by 0.1% for the April-June quarter of the fiscal year 2017-18 (FY18).
Wed, Mar 29, 2017
Income Tax Department will introduce simplified e-filing of Income Tax return form on April 1 this year which will do away with some columns while filing the the IT returns.
Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
Mon, Jan 09, 2017
Starting January, you will be running around to make investments in tax-saving instruments or collect proofs for such investments already made. Most of us are aware of the tax deductions available for premium paid for life insurance and pension plans, investments made in ELSS, PPF and EPF and principal repaid on a housing loan. However, there are many lesser known tax benefits you can use to reduce your tax liability. In this post, I shall focus on a few such lesser known income tax deductions or exemptions.
Sun, Dec 18, 2016
Retirement fund body EPFO is likely to retain 8.8% rate of interest on EPF deposits for the current fiscal for its over four crore subscribers -- same as 2015-16 -- at its trustees meeting on December 19, Monday.
Mon, Dec 05, 2016
Despite being pressed by trade unions on different fora, the government has not taken a decision in this regard, especially when it has already increased threshold for coverage under the Employees' State Insurance Scheme (ESI) to Rs 21,000 per month in October last year.
Fri, Sep 09, 2016
A steel industry plan to change its pension scheme and allow the sale of Tata's British operations is likely to be scrapped in favour of a fix that avoids a political row, government and industry sources told Reuters.
Sun, Jul 10, 2016
A strange thing happened this week. Arun Jaitley, India’s finance minister, spoke out against the high interest rates charged by banks.
Jaitley noted high returns on savings deposits as one of the key reasons for borrowing rates being high, which in turn is hurting investment growth.
Mon, Jun 06, 2016
Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.
Thu, Jun 02, 2016
If you have visited a bank branch recently, you will realize how difficult it is to open a fixed deposit at a bank branch. The bank staff just wouldn’t let you open a fixed deposit.
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