Do you know how to calculate returns of Mahila Samman Savings Scheme to know what is the maturity amount? The recently introduced women-oriented small savings scheme Mahila Samman Scheme (2023) or Mahila Samman Yojana (2023) offers 7.5% interest rate. In…
Read More Mahila Samman Savings Scheme Calculator 2023 | Free Excel Download
In India, there are thousands of crores (Rs 35,000 crore) lying across banks as unclaimed deposits. So many people want to know if there is some money that they are unaware of. Such accountholders or their nominees need to be…
Read More How to Find & Claim your Unclaimed Deposits in Banks (2024)?
NSE has announced the launch of India’s first ever index focused on REITs and InvITs. The name of the index is NSE REITs & InvITs Index. This new index will track the performance of REITs and InvITs that are publicly…
Read More New NSE REITs & InvITs Index – Should You Invest (2024)?
What is the Cost Inflation Index (CII) for the Financial Year (FY 2023-24) and AY 2024-25? Cost Inflation Index (CII) for FY2023-24 is 348 Cost Inflation Index (CII) for the previous year, i.e. FY2021-22 was 331. The CII Number for…
Read More Cost Inflation Index (CII) FY2023-24 Notified as 348
Indian investors were shocked to see the surprise announcement by the government recently, to remove LTCG indexation taxation in debt fund from FY2023-24. Now all the gains in debt funds are taxed as per the investor’s income tax slab. The…
Read More Should I Switch to Hybrid Funds from Debt Funds to avoid Increased Taxation?
The Senior Citizen Savings Scheme (SCSS) interest rates have been increased to 8.2% recently (for April-June quarter of FY2023-24). More details here. For many Indians investing in debt, 8% is the psychological level for which they wait for to get…
Read More Is SCSS at 8.2% good for Senior Citizens looking for income and high rates?
The government notified the increase in almost all small savings scheme for April-June 2023 quarter (Q1 of FY2023-24) – read detail here. I have used the term ‘almost all’ as there has been no increase in PPF or Public Provident…
The government has increased the interest rates for many small scheme savings interest rates for the quarter of April-June 2023. Here are the changes made - PPF interest rates - No Change (remains at 7.1%) - Possible reason - Why…
Read More PPF stays 7.1% | Sukanya increased to 8.0% | SCSS increased to 8.2%
The EPFO has INCREASED the EPF interest rate (Employees Provident Fund). The rates have been increased to 8.15% for FY2022-23. The rates earlier were 8.1% in FY 2021-22. So the answer to your questions about What is current EPF interest…
Read More EPF Rates Increased to 8.15% for FY2022-23 (from 8.10% earlier)
The taxation of debt mutual funds will change from 1st April 2023. Here is how your debt fund capital gains will be taxed from 1st April 2023: If the Mutual Fund holds less than or equal to 35% of Indian…
Read More Debt Funds Taxation Change from 1st April 2023 (FY2023-24)
LIC New Jeevan Shanti (Plan 858) is a deferred annuity plan by LIC, where you need to pay the one-time lumpsum premium at once, but you need to pick a deferment period (up to 12 years), only after which the…
Read More LIC New Jeevan Shanti (No. 858) | Review + Benefits (2024)
Are you looking for a updated list of all plans by LIC in India (2024)? Then this detailed article all LIC Plan list will provide you with the details of all the plans launched by LIC with Product UIN and…
Which banks in India are insured and covered under the Rs 5 lakh insurance of DICGC. And what is the limit of DICGC insurance for depositors in India?
When it comes to correctly putting the building blocks of your personal finance, Life insurance is the first tool that you should consider to secure the well-being of your family and dependents. In fact, it should always be insure first…
LIC Saral Pension Plan (Table No. 862 - 512N342V04) is a standard immediate annuity plan by LIC, where you need to pay the one-time lumpsum premium and you start getting your annuity income immediately. LIC already has an immediate annuity…
Read More LIC Saral Pension Plan (No. 862) | Review of Immediate Annuity Plan + Benefits (2024)
