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Finance Minister Nirmala Sitharaman announced NPS Vatsalya scheme in Budget 2024. What is this scheme about, and who should consider investing in it? Let's understand.
Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the age of 18.
According to RBI data from June 28, deposits grew by 11.1% on a year-on-year basis, while loan growth stood at 17.4%. RBI Governor Shaktikanta Das has urged banks to think outside the box to increase deposits and adopt new strategies to achieve this.
Personal medical corpus may appeal to those with sufficient retirement savings and financial stability, Could not be profitable to all
High anticipation surrounds the upcoming budget announcement, focusing on the establishment of the Social Security Fund
Although this isn’t a new trend, it has become popular again recently. People are embracing this challenge because it offers several benefits.
What are the income tax expectations of the salary class from the budget? Let’s find out.
To protect your pocket from such damages, home insurance is crucial. Let's talk about home insurance. Which type of home insurance is suitable for covering damages caused by the monsoon and what aspects should you consider?
Leveraging these tax-saving avenues not only secures your finances but also aligns with smart financial planning practices.
For accumulating a large sum like one crore, investing through SIP (Systematic Investment Plan) in equity mutual funds is a better route.