Post Office Savings Scheme – Types and Benefits
The roots of the Indian postal system trace back to the British era, with its establishment in October 1854. Originating as a means to...
ULIP – Meaning & Benefits
Unit Linked Insurance Plans (ULIP) represent a comprehensive financial instrument that seamlessly combines the advantages of both...
Public Provident Fund (PPF) – Features and Tax Benefits
Welcome to the world of financial planning and secure investments! Since its inception in 1968, the Public Provident Fund (PPF) has been a...
National Savings Certificate (NSC) – Eligibility, Interest Rate & Benefits
The National Savings Certificate (NSC) is a robust financial instrument initiated by the Government of India. This fixed-income investment,...
Senior Citizen Savings Scheme (SCSS) – Meaning, Features & Eligibility
In a great move, Budget 2023 has ushered in a transformative change for senior citizens in India by enhancing the maximum deposit limit in...
Wealth Creation – Meaning, Importance, and Tips
If we refer to the dictionary’s definition of wealth, it signifies abundance. In the context of money, it translates to having an...
Old vs New Tax Regime – Which is Better?
The recent Budget 2023 has given rise to a myriad of uncertainties among taxpayers, prompting a crucial evaluation of the choice between...
What is ITR-U Form? How to File & Eligibility
The ITR-U form serves as a pivotal tool for individuals seeking to amend their income tax returns by addressing inaccuracies or omissions...
Section 80TTA – Deduction Limit under Income Tax Act
Almost all of our money is taxable. The interest your savings bank accrues is also taxable! If you have wondered about even this income is...
Section 80D – Tax Deductions & Benefits
Safeguarding your financial stability from unanticipated medical expenses is of great importance. In India, a significant number of...