The public provident fund (PPF) is one of the most popular long-term
savings-cum-investment schemes offered by the Central Government. It is a safe
and tax-free investment option that comes with a lock-in period of 15 years. You
may invest a minimum amount is INR 500 per year with the maximum
According to the Income Tax Act
[https://www.incometaxindia.gov.in/pages/acts/index.aspx], 1961, payees are
required to pay a specified amount as Tax Deducted at Source (or TDS). It is
applicable on professional fees, dividends, interest from securities, royalty,
and commission.
Before the advent of the internet,
Permanent Account Number (PAN) is a 10-digit code with alpha-numeric values that
works as unique authentication for the users. It is essential for every Indian
individual and entity that earns taxable income.
But the uses of a PAN card are not limited by taxation. It offers multiple other
advantages. Read
In India, you may choose from a wide range of investment products based on your
financial goals and risk appetite. If you are looking for a safe, fixed-income
investment option, the National Savings Certificate (NSC) can be a good choice.
What is National Savings Certificate (NSC)?
It is a government-backed
The new tax regime was introduced in the 2020 budget to simplify taxation and
lower taxes on different income slabs. However, it also removed exemptions or
deductions, making it difficult for taxpayers to decide which system to opt for.
In this blog, we will analyse the differences between the old
The government of India has launched pension schemes to provide financial stability and security for retirees. If you register for a pension scheme in India at a younger age, you may have an easier time when you retire. Let's See Best Government Pension Schemes for Senior Citizens
Investing is the best way to effectively grow a fortune over time. Many people
struggle to determine where to put their money as all plans come with different
rules and regulations. Presently, two popular financial instruments are
unit-linked insurance plans (ULIPs) and mutual funds. This article explains the
differences between
Hypothesis: Money buys us things.
Corollary: Money buys us the privilege to chase things other than money.
If you’ve watched the Netflix show Maniac, chances are that you’ll read that in
Justin Theroux’s low toned voice. No, Justin Theroux didn’t talk about money and
its role