The EPF offers a lot of tax benefits. Deposits up to Rs 1.50 lakh in a financial year are tax-exempt under Section 80C of the Income Tax Act. Interest earned and the maturity amount are also tax-free.

Let's put some conditions in place to get a clear picture of the calculations. We are assuming one will start contributing at the age of 25. Since one's salary is most likely to increase with time, we ...

Post Office Scheme: Post office’s Recurring Deposit (RD), or National Savings Recurring Deposit Account (RD), scheme are small savings schemes. Investors can deposit their specific shares on a monthly ...

Taxpayers are not required to pay tax on proceeds from maturity proceeds of Life insurance policies as it is exempt under Section 10(10D) of the Income Tax Act, 1961. However, in the case of policies ...

What is a National Savings Certificate? It is a fixed-income investment scheme backed by the Government of India. It offers guaranteed returns, capital protection, and tax benefits. Some key features ...