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Mahila Samman Savings Certificate: Interest rate, investment limit, tenure [ad_1] Mahila Samman Savings Certificate: Interest rate, investment limit, tenure [ad_2]

Budget 2023 impact: 100% rise in interest income from Senior Citizens Saving Scheme (SCSS), POMIS [ad_1] After the rise in interest rates of small savings schemes early this year, another bonanza has been delivered for senior citizens by the Budget. The deposit limit in the Senior Citizens’ Saving Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS) has been ...

Parents should stop funding the expensive educational pursuits of entitled children [ad_1] About 20 years ago, when formal financial planning was just taking root in India, we did a household survey to find out about personal financial aspirations. Families were still not talking about financial goals per se. However, children and their future featured almost unanimously in every conversation. Twenty ...

What are passive debt mutual funds: 5 things to know [ad_1] 1.Passive debt funds are fixed income mutual funds which track debt or money market index in terms of portfolio.2.They invest in highquality debt instruments.3.Passive liquid funds, passive gilt funds and target maturity schemes are three types of passive debt funds.4.Since the funds are passively managed, they are relatively low ...

4 reasons Bajaj Finance is this week’s stock pick [ad_1] Bajaj Finance (BAF), a diversified NBFC, reported a strong performance in the third quarter of 2022-23 with a 40% y-o-y jump in net profit. The reported net profit was 1.7% higher than the consensus estimates of analysts compiled by Thomson Reuters-Refinitv. The performance was driven by strong customer addition, robust ...

6 building materials stocks with up to 38% upside potential [ad_1] Helped by solid growth prospects of the construction and real estate sectors, stocks of building material companies are expected to perform well in the future. Experts are bullish about the growth trajectory of different building materials like wood panels, tiles and pipes. A recent HDFC Securities report expects the ...

Deductions available under new tax regime 2023| EconomicTimes [ad_1] Standard deduction As per Budget speech, “Standard deduction of Rs 50,000 to salaried individual, and deduction from family pension up to Rs 15,000, is currently allowed only under the old regime. It is proposed to allow these two deductions under the new regime also.” [ad_2]

mahila samman saving certificate interest rate: Mahila Samman Savings Certificate offers higher interest than bank FDs, most other post office schemes; check details [ad_1] The Mahila Samman Savings Certificate (MSSC) is a one-time small savings scheme for women investors that Finance Minister Nirmala Sitharaman announced in Budget 2023. All you need to know about the new Mahila Samman Savings CertificateThrough ...

Are you a consultant? Budget has made life less taxing; what is presumptive tax scheme| EconomicTimes [ad_1] Presumptive tax scheme The presumptive tax scheme enables technical consultants, other professionals, like doctors, lawyers, CAs and architects, to offer a certain percentage of their gross receipts as “deemed income” and be absolved of a range of compliance requirements. Image Source: Getty Images ...

New tax regime 2023: All you need to know [ad_1] New tax regime 2023: All you need to know [ad_2]