Reason behind the Gold Deposit Scheme Gold is considered to be the safest investment option and we Indians have a habit of keeping a considerable amount of Gold at our homes or bank locker. We keep it either as a part of our wealth or for the future use in the event of the marriage […]
PPF vs NPS vs ELSS – Best Long-Term Tax-Savings Schemes
Best Long-Term Tax-Savings Schemes in India PPF, NPS, and ELSS are the three most talked-about long-term tax saving schemes. Most of us would like to know which one is best amongst the three. But this knowledge we usually search at the end of the fiscal year when our employer forces us to submit tax- savings […]
Changes in Rules of Partial Withdrawal from NPS (National Pension System)
The Pension Fund Regulatory and Development Authority (PFRDA) has recently tweaked the Rules pertaining to Partial Withdrawal from NPS Tier 1 account (Tier II account is similar to the savings account where a subscriber is free to withdraw money as and when required). The modified rules allow subscribers, who have contributed for three years, to […]
Money Matters to Rethink at the Start of New Fiscal Year
We all spent a tremendous amount of time mugging in various investment schemes to cut our tax outgo at the end of the last fiscal year but it is not wise to rush at the last minute to save tax. We must plan our investments at the start of the year. 1. Invest the Increment […]