benefits

What is Form 15g? Benefits of Submitting form 15g

3 minutes read

Banks deduct Tax Deducted at Source (TDS) when premium pay earned by an individual is more than INR 10,000. However, on the off chance that your all out pay is underneath as far as possible, you can submit Form 15G to the bank mentioning them not to deduct any TDS on the premium that you have earned in a money related year. Premium pay is the cash earned by holding a generous sum in any of your bank accounts. This form can be downloaded from the separate bank site or by the branch visit. A PAN ...

Public Provident Fund (PPF) – 7 Unavoidable Benefits of PPF.

5 minutes read

The Public Provident Fund (PPF) is among the best available pension investment funds, providing tax-free compensation and a stable interest income. It’s a perfect risk-free option with an initial 15-year lock-in period where you can deposit up to Rs 1.5 lakh per year and currently earn an interest rate of 8 percent. What Is PPF? One of the most common long-term saving-cum-investment items is the PPF account or Public Provident Fund scheme, primarily due to its combination of protection, ret...

Mutual Funds Types and Benefits to Look

3 minutes read

Every day, mutual funds are becoming famous. More investors also prefer investing in mutual funds. Mutual Funds Benefits: Beat Inflation Managers of expertise Security Low value Diversification Money Higher potential returns Security and responsiveness Types of Mutual Funds In general, there are four broad types of mutual funds: stock investors (equity), bond investments (fixed-income funds), short-term debt (money markets) or bonds, or stocks (balanced or hybrid funds). The rising mutual f...

Lease a Car; Or Not – Car Lease Offers, Features and Benefits in India

5 minutes read

While the choice to lease a car or buy has financial implications — money is not the only thing you can weigh before pulling the trigger on a contract. Your personal preferences and lifestyle will also play a major role in how you want to purchase or lease a car. About 20 percent of all new car sales are leased, and it’s obvious there are still people out there who enjoy the thought of commuting in a new car always. Yet which choice is the right for you? Okay, whether to lease a car or not ...