Wed, Aug 07, 2024
Post Office Insurance Schemes: Started in 1984 as a welfare scheme for postal employees, PLI was extended to the employees of the Telegraph Department in 1888. In 1894, PLI extended its cover to female employees of the erstwhile P & T. It is the oldest life insurer in this country.
More >
Sat, Jul 20, 2024
Fixed deposit (FD), RBI floating rate bonds, and Senior Citizen Savings Scheme (SCSS) are some income options for senior citizens post retirement.
Fri, Jul 12, 2024
Section 80C Tax Benefits: Tax saving is an important exercise for many taxpayers. In the old and the new, there are many sections which pertain to tax saving. In the old tax regime, Section 80C of the Income Tax is one such option. One can save up to Rs 1.50 lakh tax on deposits in investments options with lock-in period of three years above. Many of the post office schemes such as PPF, NSC, RD fall in the 80C tax saving category.
Thu, Mar 21, 2024
Some of post office schemes, are Post Office Savings Account (SB), National Savings Recurring Deposit Account (RD), National Savings Time Deposit Account (TD), National Savings Monthly Income Account (MIS), Senior Citizens Savings Scheme Account (SCSS), Public Provident Fund Account (PPF), Sukanya Samriddhi Account (SSA), and Kisan Vikas Patra (KVP).
Mon, Mar 04, 2024
Post Office Monthly Income Scheme offers monthly income after a one-time investment. The guaranteed return scheme has a 7.4 per cent interest rate per annum payable monthly. One can open a single or joint account with a minimum investment of Rs 1000. The scheme can help one receive a monthly income of Rs 5550 after a one-time investment in a single account. Know how it is possible.
Tue, Jan 30, 2024
NSC is a fixed-income investment programme that may be opened at any post office branch. The Government of India launched this programme to encourage subscribers, primarily small to mid-income people, to invest.
Sat, Apr 01, 2023
April 1 is important from personal point of view as many changes kicks in. In this video, we highlight the 5 changes that will come into effect in FY24.
Wed, Jul 20, 2022
National Savings Monthly Income Scheme or MIS is a deposit scheme is a savings plan offering interest rate of 6.6 per cent, annually. The current rate is being offered on MIS accounts at the Indian post offices
Thu, Jun 02, 2022
Post Office Monthly Income Scheme (Post Office MIS) is a government small savings scheme, which gives investors an opportunity to earn a fixed amount every month. Market volatility has no effect on this investment. Being a post office scheme, your money remains safe. This is a 5 years scheme, which can be extended further for 5-5 years.
Thu, Jun 24, 2021
In the midst of the COVID-19 crisis, everyone wants to invest their money at a place, where they can yield a good interest and get a guarantee of security at the same time.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
