Category: Small Savings

ELSSs

Best tax Saving Investment scheme ELSSs

Tax saving mutual funds or Equity linked Saving Schemes (ELSS) help you to save income tax under section 80C of the Income Tax Acts. You can invest a maximum of Rs 1.5 Lakh in ELSSs and claim tax deductions on your investments every financial year. Are you Interested? Before procedding further, you should first familiarise …


How to transfer old pf account balance to new pf account?

How to transfer old pf balance into new pf account?

Decision is back to reduce interest rates on other Small Savings plans, including PPF

The government announced a reduction in the interest rates of all small savings schemes like PPF, Sukanya Samriddhi on 31 March, and the decision has been withdrawn today. Finance Minister Nirmala Sitharaman has given information about this decision of the government from her own Twitter account. The Finance Minister has written that the interest on …