Equity Linked Savings Scheme (ELSS)
Investing in ELSS mutual funds offers a dual benefit of tax deductions and the potential for wealth accumulation over time. ELSS mutual funds are…
Why Invest in Fixed Deposits (FD)?
It’s important to note that while Fixed Deposits offer numerous advantages, they might not provide high returns compared to other investment avenues like equities…
Tax Saving Fixed Deposit Rates
A Tax Saving FD is a special deposit scheme designed to provide tax benefits under section 80C of the Indian Income Tax Act, 1961.…
Sukanya Samriddhi Scheme
The Sukanya Samriddhi Scheme account can be opened by the guardian in the name of a girl child below the age of 10 years.…
National Savings Certificate (NSC)
National Savings Certificate (NSC) can be opened by: (i) A single adult. (ii) Joint Account (up to 3 adults). (iii) A guardian on behalf…
Public Provident Fund (PPF)
The Public Provident Fund (PPF) can be opened by the following individuals: (i) Any single adult who is a resident Indian can open a…
Senior Citizen’s Savings Scheme
The Senior Citizen’s Savings Scheme can be opened by the following eligible individuals: (i) An individual who is above 60 years of age can…
Kisan Vikas Patra (KVP)
Kisan Vikas Patra (KVP) can be opened by various individuals, ensuring inclusivity for different situations: (i) Single Adult: Any individual who is an adult…
What Is PLI Scheme? Sectors That Are Likely To Benefit From PLI Schemes
The Production Linked Incentive (PLI) scheme is a government initiative aimed at boosting manufacturing in India by providing financial incentives to manufacturers. Under the…