Diabytes
National Saving Certificate News
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Any individual can invest in this plan, either in his or her own name or on behalf of minors.
NSCs can also be purchased jointly by two people, either jointly or survivor.
Every quarter, the government sets the interest rate on NSCs.
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Investment and tax saving plans are similar.
The earlier you begin, the more you benefit.
Check out these 5 tax saving plans.
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An investor will get an interest rate of 7.1% per annum on PPF.
Finance Ministry usually reviews the interest rates on small saving schemes every quarter.
Sukanya Samriddhi Yojana will fetch a 7.6% interest rate annually.
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EARLY BIRD CATCHES THE WORM.
Investment and tax saving plans are similar.
The earlier you begin, the more you benefit.
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Check out retirement-related schemes of the government which we should first compare with other plans before making any investment.
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Government may not sharply cut interest rates on small saving schemes as it would negatively affect deposits affecting the growth in GDP
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