PPF

Planning to open PPF account online on Diwali 2024? Here are three new Public Provident Fund rules that you MUST know

by
Planning to open PPF account online on Diwali 2024? Here are three new Public Provident Fund rules that you MUST know

The Public Provident Fund (PPF) is a highly popular savings scheme that offers a low-risk investment option. As you prepare for Diwali 2024 festivities, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it’s important to be aware of three significant changes that could affect your investment: … Read more

All about key rules set to change from 1 October: Aadhaar, PPF, LPG, STT on F&O, income tax rules, and more

by
All about key rules set to change from 1 October: Aadhaar, PPF, LPG, STT on F&O, income tax rules, and more

The transition to October will bring multiple changes in rules and regulations related to income tax, Aadhaar Card, and TDS on mutual funds, rents, and futures and options (F&O). As only a few days are left in the arrival of October, know the key rules changing from next month. Aadhaar Card rule related to PAN … Read more

Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know

by
Is your PPF or Sukanya Samriddhi account at risk? Here's what you need to know

India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SS) accounts, stripping them of their attractive 7.1% and 8.2% interest rates. Instead, such accounts will either earn no interest or a reduced … Read more

Capitalmind CEO Deepak Shenoy’s analysis reveals Nifty’s 10-year real returns outshine gold, PPF against inflation

by
Capitalmind CEO Deepak Shenoy’s analysis reveals Nifty’s 10-year real returns outshine gold, PPF against inflation

Capitalmind CEO Deepak Shenoy recently shared valuable investment insights on social media platform X. In a post on September 10, Shenoy presented an analysis of long-term investment returns that highlights the impact of inflation on various asset classes. “Nifty 10 year returns, above inflation, are about 8% (real returns). Gold is also 4%+! Even PPF … Read more

Budget 2024 | ‘Capital gains tax hike not positive’: SRCC prof Saumya Aggarwal on NPS Vatsalya, new tax regime & more

by
Budget 2024 | ‘Capital gains tax hike not positive’: SRCC prof Saumya Aggarwal on NPS Vatsalya, new tax regime & more

Although many taxpayers anticipated the possibility of capital gains tax rationalisation in Budget 2024, not many were expecting the tax rates to be raised, said Saumya Aggarwal, assistant professor, department of commerce at Shri Ram College of Commerce, University of Delhi. In a telephonic interview with MintGenie, Aggarwal also spoke about the National Pension System … Read more

SIP vs PPF: Which is the better investment option?

by
SIP vs PPF: Which is the better investment option?

When it comes to long-term financial planning in India, two standout options are Systematic Investment Plan (SIP) and the Public Provident Fund (PPF). Both cater to different financial goals and risk appetites. Let’s delve deeper into their unique features, benefits, and considerations to help you make an informed decision. Systematic Investment Plans SIPs allow investors … Read more

Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

by
Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

Early retirement can indeed be a cherished goal for many individuals, despite the challenges that may accompany its pursuit. Early retirement necessitates accumulating enough savings to sustain oneself potentially for decades, demanding considerable financial discipline and sacrifices, particularly for those early in their careers. Also, medical expenses can significantly deplete retirement savings, especially in the … Read more

Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR?

by
Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR?

July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting their ITRs, salaried employees wait to receive Form 16 from their employers. Pay information, Tax Deducted at Source (TDS) that the employer has deposited, and other data needed to correctly file the ITR are all … Read more