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      Public Provident Fund (PPF)

      Sunday, March 16th, 2014 Amritesh no responses

      Public Provident Fund (PPF) scheme was introduced in 1968 by the Central Government of India and is one of the preferred investment option for the risk averse Investors. It provides stable return along with Tax Relief on the Investment. Thus it is a decent investment option when compared with other Investment options as the return is fixed and is normally higher that other schemes. It is risk free investment option and does not get impacted due to market fluctuations (Equity Market). It is viable saving cum investment option for the salaried as well as self employed Individuals. The PPF fund is managed by the Central Government and interest on the investment is now being declared on quarterly basis prior to…

      National Savings Certificate (NSC)

      Sunday, March 9th, 2014 Amritesh one response

      National Saving Certificate (NSC) was started by the Government of India post Independence as fund was required to speed up the developmental work and also with a motive to inculcate the saving habits among the People. It is a Tax Saving as well as Investment option at the hands of the investor. The tenure of Investment in the NSC varies from 5 years and 10 years (Discontinued) at the present. Before 2011 the minimum tenure for investment was 6 years but now has been brought down to 5 years. NSC’s carry a fixed rate on return on the investment and tax deduction is available on the same. The NSC’s are available in the denomination of Rs 100, Rs 500, Rs…

      Planning Investments: Be Wise Invest Wise

      Sunday, March 2nd, 2014 Amritesh no responses

      “INVESTMENT”: What does it mean?In simple term it means any action or process of putting your present money or earnings in to any instrument or financial product which would provide good return on fund put in, it can also mean accumulation of assets which have the potential to appreciate in the future thereby enhancing the wealth of the concerned individual. Some though might invest to safe guard against any future shortcomings and also to cover their medical expenses in case of illness.We have wide range of financial as well as non financial products to invest into. You have the luxury of investing into Mutual Funds, Bullion Goods, Real Estate, Life Insurance Policies, Health Insurance, Retirement Plans and many others which…

      Savings, Investments And Insurance

      Sunday, February 2nd, 2014 Amritesh no responses

      Savings, Investments and Insurance are the terms we often come across and many of us treat is as same. But in reality this is not true. Many of us may feel that the term may look identical but when you look at it carefully you will realize there lies a point of difference. However though, they might mean different in the practical world but their interrelation cannot be ignored. Savings, Investments and Insurance are not only interrelated but they are also interdependent on each other.Savings generally means to save a portion of your earnings to meet your future shortcomings or obligations that may arise. It is generally for meeting short term needs and for specific purpose. Savings do not vouch…