ELSS not only serves as an effective tax-saving tool but also offers the potential for higher returns compared to traditional tax-saving instruments
Interest rates for small savings schemes, which are notified on a quarterly basis, have been kept unchanged for sixth straight quarter
The interest rates of these schemes are set by the government at the start of every quarter of the financial year.
Tax-saving: There are various investment schemes available in the market that offer tax exemptions.
At a time when most fixed income instruments are offering negative real returns, small saving schemes are offering positive real returns
There are many options for saving or investing in the post office. However, you have to maintain a minimum balance in the account
Both SSY and PPF are debt instruments. They offer relatively low but safe and secure returns.
Despite varied investment avenues being available, these savings schemes are still very popular with the general public.
Sukanya Samriddhi Yojana details: There is no limit on a number of deposits made in a month or a financial year
Interest rates have been falling steadily over the past few years. Among the few guaranteed-return schemes that stand out in these times, Sukanya Samr