News

PPF vs SIP: Rs 11,000/month investment for 30 years; see which can create a higher retirement corpus
Both systematic investment plans (SIPs) and public provident funds (PPFs) are good investment options to create a retirement ...
Unclaimed PPF, NSC, SCSS accounts to be frozen twice a year if inactive for over 3 years
The Post Office will now freeze small savings accounts that remain idle for over three years post-maturity. This action will ...
CNBCTV1820h
Retirement planning in India: How much you need and where to invest
Many young Indians postpone retirement planning, risking financial gaps later in life. Experts explain how to estimate needs ...
Newspoint on MSN23h
Post Office Scheme: Half of India does not know that loans are also available under this scheme of the post office..
Many times, there is a sudden need for money, and it is difficult to understand whether to spend your savings or take a loan. But in such a situation, it would not be wise to end a long-term ...
BusinessMirror23h
What exactly is CMEPA taxing at 20%? It’s interest income on bank deposits, not savings, DOF clarifies
The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...
GMA Network on MSN16h
20% tax on interest income corrects ‘inequitable’ system, says DOF
Banks this month started to implement the uniform 20% final withholding tax (FWT) on interest income, regardless of the term ...
THESE Savings Schemes Account To Be Frozen If Not Closed Within 3 Years Of Maturity; PPF Included In List
Department of Posts in an order issued on July 15 said that the order covers the 7 post office small savings schemes, ...