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How to pay 0 income tax on Rs 18,80,000 salary, check expert calculations inside

How to pay 0 income tax on Rs 18,80,000 salary, check expert calc...

Mon, May 26, 2025

Education Loan Benefits in Old Tax Regime: Education loan interest comes under Sec 80E of Income Tax Act. You can claim complete interest paid on education loan.

National Girl Child Day: What will you get in 15 years for your daughter if you invest Rs 12,000/month in Sukanya Samriddhi Yojana? See details

National Girl Child Day: What will you get in 15 years for your d...

Fri, Jan 24, 2025

Sukanya Samriddhi Yojana: The account holder can claim a tax deduction of up to Rs 1.5 lakh per year under Section 80C of the Income Tax Act of 1961.

SSY, KVP, PPF, NSC and others: Centre keeps interest rates for small saving schemes unchanged in October-December quarter

SSY, KVP, PPF, NSC and others: Centre keeps interest rates for sm...

Mon, Sep 30, 2024

The Senior Citizen Savings Scheme (SCSS) will also maintain its interest rate at 8.2 per cent. This scheme is specifically designed to provide financial security to senior citizens, offering higher returns compared to other savings options.

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SSY vs NPS Vatsalya for Girl Child: Which scheme should parents with limited funds choose?

SSY vs NPS Vatsalya for Girl Child: Which scheme should parents w...

Wed, Sep 18, 2024

Finance Minister Nirmala Sitharaman on Wednesday launched a special version of the popular NPS pension scheme, called NPS Vatsalya, aimed at enabling parents or guardians to build a post-retirement corpus on behalf of their minor children through market-linked returns.Parents with limited investible surplus now have two government-backed options to plan for their child’s future: Sukanya Samriddhi Yojana (SSY) and NPS Vatsalya.

Mutual Fund SIP vs Sukanya Samriddhi Yojana: Which offers higher returns on a Rs 12,500 monthly investment over 15 years?

Mutual Fund SIP vs Sukanya Samriddhi Yojana: Which offers higher...

Fri, Sep 06, 2024

A Systematic Investment Plan (SIP) offers flexible, regular investments in mutual funds, benefiting from Rupee Cost Averaging and reducing market volatility risks. Sukanya Samriddhi Yojana (SSY), a government scheme for the girl child, provides attractive interest rates and tax benefits, ensuring long-term savings for education or marriage.

SSY, PPF, NSS: These small savings schemes to have new rules from October 1; will it benefit you? Check details

SSY, PPF, NSS: These small savings schemes to have new rules from...

Thu, Aug 29, 2024

The Department of Economic Affairs has issued new regulations that apply to investors in the National Savings Scheme (NSS), Public Provident Fund (PPF), and Sukanya Samriddhi Account (SSA).

Invest in this scheme for your 6-year-old daughter to get fund of Rs 70 lakh by the time she turns 21 | Know how

Invest in this scheme for your 6-year-old daughter to get fund of...

Tue, Aug 13, 2024

Sukanya Samriddhi Yojana: As soon as a daughter is born, parents often start worrying about their future responsibilities.

SSY vs NPS Vatsalya For Girl Child: Which scheme can parents with limited investible surplus go for?

SSY vs NPS Vatsalya For Girl Child: Which scheme can parents with...

Fri, Jul 26, 2024

For arriving and reaching a determined goal one can always go for soverign backed SSY scheme, however, for wealth creation NPS Vatsalya will be a better option.

March 31 Deadline: Complete these 5 money-related tasks to avoid penalty

March 31 Deadline: Complete these 5 money-related tasks to avoid...

Thu, Mar 28, 2024

NPS account holders must deposit at least Rs 1,000 in a Tier-1 account each fiscal year. However, the minimum deposit regulation does not apply to NPS Tier 2 accounts. NPS Tier 1 account holders can get an additional Rs 50,000 tax exemption under Section 80CCD(1B) of the Income Tax Act.

PPF, NPS and SSY accountholders: Do this before March 31 to avoid penalty

PPF, NPS and SSY accountholders: Do this before March 31 to avoid...

Tue, Mar 12, 2024

The deadline for making a minimum deposit in PPF, NPS, and Sukanya Samriddhi accounts for the current fiscal year is March 31, 2024.

SSY: Aiming a fund of Rs 70 lakh by the time your daughter turns 21; you may follow these tips

SSY: Aiming a fund of Rs 70 lakh by the time your daughter turns...

Sat, Feb 10, 2024

Sukanya Samriddhi Yojana (SSY) is a Post Office scheme aimed at creating fund for a girl child's education and marriage. If one is consistent in their investment, they can create a fund of Rs 70 lakh through the SSY scheme. Know the process.

Sukanya Samriddhi Yojana (SSY): After increase in interest rate, your Rs 5K a month will become this much in 15 years

Sukanya Samriddhi Yojana (SSY): After increase in interest rate,...

Mon, Jan 01, 2024

The central government has increased the interest rate of Sukanya Samriddhi Yojana (SSY) from 8 per cent to 8.2 per cent. This interest is one of the highest among other Post Office schemes. If your daughter's age is up to 10 years, you can also deposit money in this scheme in her name and accumulate a good amount till she grows up.

Wealth Guide: Double Benefit! Income Tax saving and investment for child's future - Here is how

Wealth Guide: Double Benefit! Income Tax saving and investment fo...

Tue, Sep 13, 2022

Did you know you can also save income tax by investing in your child’s name?

Invest In These Tax-Saving Schemes Before March 31 To Save Tax

Invest In These Tax-Saving Schemes Before March 31 To Save Tax

Wed, Mar 09, 2022

The last date for filing Income Tax Return is just around the corner. However, you can still invest in some financial instruments that will help you save tax. You can invest in these tax-saving schemes before March 31, 2022.

Sukanya Samriddhi Yojana: How to open SSY account? Know minimum amount, document and other details

Sukanya Samriddhi Yojana: How to open SSY account? Know minimum a...

Thu, Jan 27, 2022

Sukanya Samriddhi Yojana (SSY) scheme was launched by Prime Minister Narendra Modi in 2015, under the Beti Bachao Beti Padhao campaign with the main aim of securing the future of a girl child. The SSY scheme not only allows you to make small deposits every year for the education and marriage expenses of your daughter but also pays a good rate of interest along with tax benefits.

Crorepati Calculator: This Sukanya Samriddhi Yojana scheme will make your daughter rich; top money-making tip from experts

Crorepati Calculator: This Sukanya Samriddhi Yojana scheme will m...

Sat, May 09, 2020

Crorepati Calculator: At a time when stock market returns have turned extremely volatile, people are moving towards government-backed small saving schemes.

Sukanya Yojana: This small saving SSY scheme will make your daughter millionaire or maybe crorepati at 21 - Check what experts suggest

Sukanya Yojana: This small saving SSY scheme will make your daugh...

Thu, Apr 23, 2020

Sukanya Yojana: At Rs 12,500 per month investment, the Sukanya Samriddhi Yojana Calculator suggests that one will be able to grow Rs 63,97,855 when one's daughter will turn 21 years of age.

Sukanya Samriddhi Yojana Account Scheme: Age, a/c opening, amount, interest rate, maturity, time period and other important details

Sukanya Samriddhi Yojana Account Scheme: Age, a/c opening, amount...

Wed, Feb 12, 2020

PM Narendra Modi-led government had launched Sukanya Samriddhi Account Scheme in January 2015.

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