Wed, Feb 28, 2024
Post Office Mahila Samman Savings Scheme (Mahila Samman Bachat Yojana): The latest among government-guaranteed small savings schemes, the Mahila Samman Savings Certificate, available at post offices, is a limited-period investment plan that delivers an annual return of 7.5 per cent, compounded quarterly, in a fixed term of two years. For instance, a one-time investment of Rs 10,000 in the Mahila Samman Bachat Patra (Savings Certificate) grows into Rs 11,602 upon maturity.
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Sat, Mar 04, 2023
Post office KVP 2023: Kisan Vikas Patra, a government-backed savings scheme, doubles the money invested over a period of 10 years? A KVP account, set up in a post office or select branches of PSU banks such as SBI and PNB, requires minimum investment of Rs 1,000 with no upper limit, and offers interest of 7.2 per cent compounded annually, according to the India Post website, indiapost.gov.in. The amount of money parked in this government-backed savings scheme doubles in 120 months, according to India Post.
Fri, Feb 03, 2023
Where are the savings after Budget 2023? Will investment change after the budget? What is the benefit of savings schemes for women? How to plan strategy to earn profits after Budget 2023? What things to keep in mind if you take the new tax regime? How much tax will be saved from the new tax regime? Know from experts.
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