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Gold ETF vs Physical Gold vs SGB Return Calculator: Like gold, gold investment never loses its sheen. People see it as a long-term investment, as a tool that can help them sail their boat through troubled waters, and as a reliable source that can increase their wealth. Gold investment in modern times is not restricted…
SBI Green Deposit Special FD: Special fixed deposit (FD) schemes have their own charm. Banks issue them for limited edition but keep their interest rates higher than many of their traditional FDs, sparking interest among investors to invest and earn extra income. State Bank of India (SBI) too offers special FD schemes. SBI Green Rupee…
NPS Annuity Calculator: National Pension System (NPS) has two stages- wealth accumulation and withdrawal. In the market-linked retirement-focused scheme, an NPS subscriber can invest from the age of 18 years to 75. At 60 years of age, they get the option to withdraw an amount from their retirement corpus and purchase an annuity plan. However,…
Latest Interest Rates for Small Savings Schemes: The central government announced its decision to maintain the existing interest rates for small savings schemes, providing stability for investors. These new interest rates will be applicable for the fiscal third quarter, starting from October 1 and ending on March 31. These schemes—offered through commercial banks and post…
Sikkim holds a unique position in India as the only state where residents are exempt from income tax, regardless of their annual earnings. This remarkable status, rooted in the historical merger agreement of 1975, offers significant financial relief to its residents. Here’s an in-depth look at why Sikkim is India’s tax-free haven. Understanding Sikkim’s Tax…
SIP Investments, 15x15x15 Formula: Are you planning for your retirement and want to build a corpus of over Rs 1 crore? If yes, then investing in mutual fund SIP or Systematic Investment Plan can be one of the best options for you. In this, individuals are allowed to invest a fixed amount regularly—monthly or quarterly—…
IIFL Finance Gold Loan: IIFL Finance, one of India’s leading non-banking financial companies (NBFC), is hosting a Gold Loan Mela from September 25 to September 28, in Delhi and Gurgaon NCR. During this limited-time event, customers can avail gold loans at an attractive flat interest rate of just 1 per cent per month, with zero…
NPS Vatsalya versus Sukanya Samriddhi Yojana (SSY): After the launch of the novel NPS Vatsalya scheme which aims at securing child’s future financially, you as a parent may be wondering whether NPS Vatsalya or SSY will fetch a better return if you have to choose between the two. Importantly, while the two schemes are not…
Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the labour ministry said on Monday. Union Labour Minister Mansukh Mandaviya said at a press conference that 10.52 lakh new or first-time workers subscribed to social security schemes run by Employees’ Provident Fund Organisation (EPFO). The minister said almost…
When it comes to investment, all our efforts together with the capital is channelised in a way to help us meet our long-term finacial goals. And now as SIP or systematic investment plans are the most opted route for investment given the cost effectiveness it brings, you can run the course through a strategy or…