Public Provident Fund is a Government-backed saving scheme which also offers tax-rebate under section 80C. The interest payable on PPF account is revised and paid by the government for every quarter. For January – March Q4 FY 2024-25, the applicable interest rate is 7.1%. PPF accounts can be opened with nationalised banks, major private banks such…
A major deterrent when you think of getting a credit card is the worry that you might end up spending beyond your means. Fortunately, with a bit of financial discipline and a few tricks, you can definitely end up on the right side of the deal. The followingare a few tricks and tips which you […]
Sukanya Samriddhi Yojana is a small saving scheme regulated by the Indian Government for the welfare of the girl child. The accounts under Sukanya Samriddhi Yojana can be opened with different banks in India. These banks are given the authority by the Indian Government to open SSY accounts with a minimum deposit of Rs.250. The…
In light of the extraordinary situation resulting from the COVID-19 lockdown measures, the Finance Department has released an ordinance on 31st March 2020 providing relaxation in various aspects of the Direct and Indirect Tax regimes. One of these announcements extends tax saving investments for FY 2019-20 till 30th June 2020. This can greatly benefit many…
