Post office term deposit schemes are similar to bank fixed deposits Source: money
Lenders prefer lending to applicants whose loan repayment obligations, including EMIs, do not exceed 50% of their monthly income. Loan applicants should also factor in…
Employees will need to inform their employers at the beginning of the financial year about the VPF contributions or any change in the same Source:…
Strike a balance between liquidity needs and the amount that can be locked in for long term.If small savings rates decline, then target maturity roll…
On 31 March, the govt slashed interest rates on small savings schemes. The Public Provident Fund (PPF) interest rate was cut from 7.1% to 6.4%.…
The Income Tax department has issued seven ITR forms — ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7. Source: money
To enjoy the benefits of a policy on surrendering it, a policyholder needs to undergo the surrender process fixed by the insurance company, and pay…
Most experts are advising their clients to continue investing in VPF as it is currently offering an interest rate of 8.5%, which is much higher…
Investors must look for safety, liquidity and then returns while investing in any debt products Source: money
If a person invests in PPF at the beginning of the year, he or she can earn interest for the entire year, while in case…