To ensure citizens were availing full benefits of linking savings accounts for interest payment, the government decided that interest on SCSS will be credited only…
Post office schemes: Linking of Senior Citizen Savings Scheme, Monthly Income Scheme and Term Deposit accounts with savings accounts provide many benefits Source: money
A bank savings account must be based on stability of income, sources of earnings, and frequency of spending Source: money
PPF, SSY, and NPS mandate a minimum investment every fiscal. Mint tells you what you may lose on defaulting and how to revive a dormant…
As per the current PF Scheme, a PF account is classified as an in-operative account and does not earn further interest where an employee retires…
NPS schemes have low fund management expense—even lower than index funds Source: money
For availing exemption under Section 54 on sale of a residential house you need to have held the house for a period of more than…
Every taxpayer whose tax liability as reduced by the amount of TDS and TCS exceeds Rs. 10,000/- has to pay advance tax in four instalments…
Typically, in a reverse mortgage, where a property has been mortgaged, the bank or financial institution has the right to sell the property after the…
The EPFO follows a very simple and by-the-book strategy when it comes to investing. As per rules, 85% of annual accruals are invested in debt…