/ / / / / Gift of Central Government Post office pay check will get more compensations

Gift of Central Government Post office pay check will get more compensations

Gift of Central Government Post office pay check will get more compensations


 Government decides the interest rate every three months on the Small Savings Scheme.
The central government has decided to increase the rate of interest on post office savings schemes, making a big decision.

 Interest rates on deposits increased by 0.10% in post office. Interest rates on deposits for one year have been increased by 0.10%. It is noteworthy that the government decides the interest rate every three months on the Small Savings Scheme. The government decides when to make a decision. It is not decided whether the government will make changes in rates every three months.
Time Deposit (TP) or Fixed Deposit (FD): You can stop a certain amount for post-office periods. In return, you get a certain amount of interest. Post office in fixed deposits or time deposits offers interest rates for one, two, three and five years. According to the Indian Dakshit website, investing a certain amount for five years, this amount is deducted from tax under 80C under section 80C of income tax.

Public Provident Fund (PPF): You also get this amount in income tax after being stopped in the post office public provident fund. For the three months ending in December, PPF accounts received an annual interest of eight percent on deposits. Interest is calculated annually on deposits. This means that this amount is added to the original amount at the end of the year. The tax exemption of PPF comes in the EEE category, ie the amount of interest and the interest earned is tax-free.

Gift of Central Government Post office pay check will get more compensation
Post Office Senior Citizen Savings Scheme (SCSS): Post office Senior Citizen Savings Scheme has started for them so that senior citizens can pass their life well.
National Savings Certificates (NSC): The scheme run by the Indian Dak is very popular. According to the NDTV Profit News, the post office National Savings Certificates (NSC) earn an annual income of eight percent on an investment. Interest is calculated annually on this. But the interest amount is given only at maturity. Your Rs. 100 invested in NSC after five years Rs 146.93 will be made. The amount invested in National Savings Certificates is tax free under 80C.

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In the days of digital banking, the post office is also offering digital schemes. So now you can do online monitoring of the investment. There are some schemes in the post office where investing can prove to be beneficial for you. These plans can be called better both in terms of security and good returns. Bhaskar is telling you about such schemes, which can make you a good profit by investing.
www.happytohelptech.in have lots of information for your life.

1. National Savings Certificate (NSC)
National Savings Certificates are exactly like fixed deposits. Like the PPF, the interest is tax-free even here and the return is almost the same (8.5%). Interest is attached to six months. The scheme has so far locked-in period of 5 years. In this, interest up to 1.5 lakh rupees is tax-free.

2. Sukanya Yojana
This post office scheme is for girls. In it you can open an account in the name of a child. In this scheme, you can deposit one thousand rupees to 1.5 lakh rupees in a financial year. You can deposit the money for 14 years after opening the account. When the age of the child is 21, you can withdraw the full amount. However, at the middle of the meeting, it is allowed to raise half rupee on the daughter's age to 18 years. But if the girl is married between the ages of 18 and 21, the account will be closed. More than two accounts can be opened under this scheme. On this scheme, 9.1 percent interest will be given in the current financial year.

3. Monthly Income Scheme (MIS)
In the Regular Monthly Income Scheme, the customer gets 8.40% interest. This interest rate varies according to the financial year. To avail the scheme, the customer has to keep his account at minimum up to 1500 rupees. While more than 4.5 lakh rupees can be kept in the account only. However, the maximum limit in the Joint Account is 9 lakh rupees.

4. Senior Citizen Saving Scheme (SCSS)
Senior Citizens Savings Scheme or POSCSS for Post Office is a five-year scheme for senior citizens, which earns 9% interest. Income is earned on quarterly basis from interest. When opening an account, be aware that the age of the person has been 60 years till date. Under this scheme, the investor is allowed under Section 80C of the Income Tax Act.

5. Time Deposit Scheme (TDS)
Time Deposit Scheme is for five years. It starts at 200 rupees. Interest rates are 8.4% for the first four years. In the fifth year, the interest rate is 8.5%. Interest is found annually. But join the quarterly basis. Interest in the scheme is tax free.

6. Savings Account (SA)
Customers who open Post Office Savings Account get 4% interest annually. Any one of the cash amount of 20 rupees can open a savings account in the post office. There is an interest rate of recurring deposit account of 8.4%, which is effective from April 2014. Apart from this, many types of accounts are included in the post office. There is a minimum deposit of Rs 10 per month in the recurring savings scheme. There is no limit to the excess amount. On the date of maturity in five years, the scheme gets 8.4% interest on an annual basis. This interest rate increase is available for the next five years.
7. Public Provident Fund (PPF)
Investing in a public provident fund, ie PPF, is the most beneficial deal. Everyone benefits from babies to older people. After opening the account, at least 500 rupees are required to be deposited. You can not deposit more than 1.5 lakh in the year in the account. PPF increases interest rates every year. However, at the time of opening the account, 8.70 percent interest is received. This feature is the best in terms of long-term schemes. However, this facility is also available in some major banks
More info click our website
www.happytohelptech.in

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